The objective of this Technical Cooperation (TC) initiative is to enhance the financial sustainability of state pension systems. Specifically, the project aims to strengthen the capacities of selected state governments to improve the efficiency and effectiveness of their pension systems. This will be achieved by offering strategies to optimize management practices, adjust key parameters, and align state systems more effectively with federal pension frameworks. Additionally, the project will develop technological tools designed to incentivize contributions to the pension system, fostering greater participation and long-term sustainability.The objective of this Technical Cooperation (TC) initiative is to enhance the financial sustainability of state pension systems. Specifically, the project aims to strengthen the capacities of selected state governments to improve the efficiency and effectiveness of their pension systems. This will be achieved by offering strategies to optimize management practices, adjust key parameters, and align state systems more effectively with federal pension frameworks. Additionally, the project will develop technological tools designed to incentivize contributions to the pension system, fostering greater participation and long-term sustainability.
Project Detail
Country
Mexico
Project Number
ME-T1554
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
SOCIAL INVESTMENT
Subsector
PENSIONS & SOCIAL SECURITY
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 500,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 250,000.00