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How to increase your IMSS pension due to unemployment or old age

To calculate the amount of pensions in old age and old age, the IMSS considers variables such as the Base Contribution Salary (SBC) and the sum of weeks contributed.

If a worker increases these two variables, he can also considerably increase the amount of money he will receive as a pension. There are two alternatives to achieve this increase in the pension for unemployment or old age in the IMSS. In the Social Security Law, two modalities with these characteristics are contemplated.

The two modalities that we are discussing have the purpose of maintaining or increasing the Base Contribution Salary and the number of weeks contributed. Photo: Pixabay.

Increase in the IMSS pension in the Mandatory Regime

If the worker is working and his age is close to 60 years, he can increase his Base Contribution Salary that he has registered with the IMSS. By making this increase, it is largely integrated into their perceptions as salary.

The increase in the number of Contribution Weeks increases, together with the Contribution Base Salary, the amount of the pension for unemployment in advanced age or old age.

Increase in the amount of the pension based on the Voluntary Continuation in the Mandatory Regime (Mode 40)

This modality can serve workers who have contributed to the IMSS but no longer have an employment relationship, and therefore have stopped making their contributions. In this case, the worker has a period of five years counted from the moment he stopped working to make contributions to the Voluntary Continuation in the Mandatory Mode 40 Regime (COVORO). This will increase your contributions and the number of weeks contributed.

The two modalities that we comment on have the purpose of maintaining or increasing the two variables: the Base Contribution Salary and the number of weeks contributed; but Mode 40 gives the worker the opportunity to decide the amount of their contributions by increasing their SBC. It should not be forgotten that these contributions must start 5 years before he must retire by the IMSS, so he can seek that his salary reaches the ceiling or in the amount that he decides or can.

The requirements for the process of retirement or old-age pension at the IMSS are:

That the worker complies with at least 500 weeks of contribution. That it has the withdrawal, and therefore has stopped trading for the IMSS. For the unemployment pension that is 60 years old. If the old-age pension who is 65 years old.

More information in the Retirement Section.