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Modalidad 40
Trends
- 1
Wage debates are dominating headlines in several countries. In Argentina, criticism is mounting against President Javier Milei's economic approach, with commentators calling it 'perverse' for ignoring people's hardship. In Mexico, experts say an adjustment to the 'Modalidad 40' pension scheme violates the law, and the Senate is being urged to block the IMSS decree. In Italy, a Coverflex report examines salary transparency and how workers perceive their pay, while Rome police arrested a dealer allegedly operating in the Salario district.
- 2
Mexican pensioners under IMSS and ISSSTE are checking when their aguinaldo year-end bonus will be paid in November, alongside their regular pension and the Bienestar pension for older adults. Reports say some workers will receive 40 days of salary starting November 10. Attention is also on Modalidad 40, after alleged fraud cases and government-imposed restrictions sparked debate about the higher-pension contribution scheme.
- 3
Reports from Mexico indicate another threat to Modalidad 40, the IMSS scheme that lets workers pay higher contributions in their final years to boost pension amounts. Commentators are covering renewed warnings that the program could be restricted or eliminated, a recurring concern among workers planning higher pensions through the system.