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Pensions in Mexico. Mexico reformed its pension system in 1997, transforming it from a pay as you go (PAYG), defined benefit (DB) scheme to a fully funded, private and mandatory defined contribution (DC) scheme. The reform was modeled after the pension reforms in Chile in the early 1980s, and was a result of recommendations from the World Bank.
Retirement Funds Administrators ( AFORE) ( Spanish: Administradoras de Fondos para el Retiro) are companies authorized to manage Mexican individual retirement accounts as authorized by the Ministry of Finance and Public Credit of Mexico. The are structured as companies that manage these funds under strict regulations.
The Pension Program for the Elderly (PPE) is a safety net, noncontributory pension program administered by the federal Secretariat of Social Development (SEDESOL) in Mexico. The program aims to expand the schemes of universal social security, by providing financial support and social protection to people 65 or older who a) do not benefit from ...
401 (k) In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer.
Fuerza y Corazón por México (English: Strength and Heart for Mexico), previously called the Broad Front for Mexico (Spanish: Frente Amplio por México), is a political alliance formed by three Mexican political parties: the National Action Party (PAN), Institutional Revolutionary Party (PRI), and Party of the Democratic Revolution (PRD).
Mérida Initiative. The Mérida Initiative (named after Mérida, the city where it was agreed upon), also called Plan Mexico (in reference to Plan Colombia ), is a security cooperation agreement among the United States, the government of Mexico, and the countries of Central America. With the declared aim of combating the threats of drug ...
Francisco I. Madero, President of Mexico (1911–1913) The Plan of San Luis Potosí ( Spanish: Plan de San Luis) is a key political document of the Mexican Revolution, written by presidential candidate Francisco I. Madero following his escape from jail. He had challenged President Porfirio Díaz in the 1910 presidential elections, when Díaz ...
Powell, Thomas G. Mexico and the Spanish Civil War. University of New Mexico Press, 1981. Rickett, Rosy. "Refugees of the Spanish Civil War and those they left behind: personal testimonies of departure, separation and return since 1936." Diss. The University of Manchester (United Kingdom), 2015. Smith, Lois Elwyn. Mexico and the Spanish ...