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Latin American Economy & Business - November 2015 (ISSN 1741-7430)
Mexico: The OECD reviews the pension system
In mid-October 2015, the Organisation for Economic Cooperation and Development (OECD) published a report on Mexico’s pension system1 that had been commissioned by the Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR – the relevant regulator). In general, Mexico’s shift from an unfunded defined benefit2 (DB) system to a properly funded defined contribution system (DC) is going well. However, the OECD has identified a number of areas for improvement.
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