Employee Benefits in Mexico 2017

Table of Contents
1 EXECUTIVE SUMMARY
2 INTRODUCTION
2.1 What is this Report About?
2.2 Definitions
3 COUNTRY STATISTICS
4 OVERVIEW OF EMPLOYEE BENEFITS IN MEXICO
5 REGULATIONS
6 STATE AND COMPULSORY BENEFITS
6.1.1 Introduction
6.1.2 Types of Retirement Plan
6.1.3 Eligibility
6.1.4 Age
6.1.5 Pensionable salary
6.1.6 Benefits
6.1.7 Payment Options
6.1.8 Typical employer practice
6.1.9 Employee and employer contributions
6.1.10 Taxation
6.2 Death in Service
6.2.1 Introduction
6.2.2 Eligibility
6.2.3 Benefits
6.2.4 Payment Options
6.2.5 Typical employer practice
6.2.6 Employee and employer contributions
6.2.7 Taxation
6.3 Long-Term Disability Benefits
6.3.1 Introduction
6.3.2 Eligibility
6.3.3 Benefits
6.3.4 Payment Options
6.3.5 Employee and employer contributions
6.3.6 Taxation
6.4 Short-Term Sickness Benefits
6.4.1 Introduction
6.4.2 Eligibility
6.4.3 Benefits
6.4.4 Payment Options
6.4.5 Typical employer contribution
6.4.6 Employee and employer contributions
6.4.7 Taxation
6.5 Medical Benefits
6.5.1 Introduction
6.5.2 Eligibility
6.5.3 Benefits
6.5.4 Payment Options
6.5.5 Typical employer practice
6.5.6 Employee and employer contributions
6.5.7 Taxation
6.6 Workmen's Compensation Insurance
6.6.1 Introduction
6.6.2 Eligibility
6.6.3 Benefits
6.6.4 Payment Options
6.6.5 Employee and employer contributions
6.6.6 Taxation
6.7 Maternity and Paternity Benefits
6.7.1 Introduction
6.7.2 Eligibility
6.7.3 Benefits
6.7.4 Payment Options
6.7.5 Employee and employer contributions
6.7.6 Taxation
6.8 Family Benefits
6.8.1 Introduction
6.8.2 Eligibility
6.8.3 Benefits
6.8.4 Payment Options
6.8.5 Employee and employer contributions
6.8.6 Taxation
6.9 Annual Vacations
6.9.1 Introduction
6.9.2 Compulsory leaves
6.9.3 Paid vacation
6.1 Minimum Resources
6.10.1 General system
6.10.2 Programa de Pensión para Adultos Mayores or Old-age assurance
6.10.3 Programa de Abasto Rural or Rural Supply Program
6.10.4 Programa d e Abasto Social de Leche or Social Milk Supply Program
6.10.5 Instituto Nacional de las Personas Adultas Mayores or National Institute of Older Persons
6.11 Unemployment Benefits
6.11.1 Introduction
6.11.2 Eligibility
6.11.3 Benefits
6.11.4 Payment Options
6.11.5 Employee and employer contributions
6.11.6 Taxation
7 PRIVATE BENEFITS
7.1 Retirement Benefits
7.2 Disability Benefits
7.3 Death Benefits
7.4 Medical and Health Benefits
7.5 Other Benefits
8 APPENDIX
8.1 Methodology
8.2 Contact GlobalData
8.3 About GlobalData
8.4 GlobalData's Services
8.5 Disclaimer

List of Tables
Table 1: Insurance Industry Definitions
Table 2: Mexico - Country Statistics
Table 3: Minimum Wage in 2015
Table 4: Early Retirement Age for Government Workers With 30 Years of Contributions
Table 5: Early Retirement Age for Government Workers with 15 Years of Contributions
Table 6: Percentage of Wages for Basic Amount and Annual Increase
Table 7: Early Retirement Pension Percentage for Government Workers
Table 8: Unemployment Old-Age Pension
Table 9: Dependent's Supplement Pension
Table 10: Financial Aid to Children Pursuing Education
Table 11: Mandatory Holidays of Mexico
Table 12: Number of Paid Vacation Days
Table 13: Old-age Unemployment Benefits, 2010-2018

List of Figures
Figure 1: Mexico - Main Institutions of Social Security System