Costs of Extending the Noncontributory Pension Program for Elderly
The Mexican Case
Published in: Journal of Aging & Social Policy, 2016
Posted on RAND.org on July 12, 2016
Population aging coupled with high poverty rates among older persons and a lack of access to social-security benefits or traditional support systems have led governments in low and middle-income countries to introduce non-contributory pension programs for the elderly. This article reviews a non-contributory pension program introduced in Mexico in 2007 that has since expanded greatly. We use a variety of sources to estimate current and future costs of this program.