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ME-L1315 : Program to Improve the Pension System in Mexico

Project Status: Preparation

The general objective of the program is to reduce the economic vulnerability of older adults in Mexico. The specific objectives are: (i) to improve the coverage and benefits of the Non-Contributory Pension system (PNC); and (ii) improve the coverage, sufficiency, and equity of the benefits obtained by the Contributory Pension (PC) systems. It seeks to meet these objectives through an expansion and increase of the PNC, parametric improvements of the PCs, and improvements in the design and coordination of subnational systems.

Project Detail

Project Number
ME-L1315
Project Country
Mexico
Project Sector
SOCIAL INVESTMENT
Project Subsector
PENSIONS & SOCIAL SECURITY
Project Type
Loan Operation
Environmental and social impact category
N/A
Project Status
Preparation

Project Information

Total Cost
USD 700,000,000
Country counterpart financing
USD 0
Amount
USD 700,000,000

Preparation

Title
Type
Project Number
Date Published
Project Profile
ME-L1315
June 16, 2022