Mexico Moves Up 26 Places in the Senior Citizen Quality of Life Index
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October 5, 2014
Mexico moved up 26 positions in the world ranking regarding the quality of life for senior citizens, according to a study released last week.
The country went from 56 to 30 in the international index due to Mexico’s expansion of its pension system for people over 65, according to a study by Help Age International released. Global Age Watch issued the study for the second year in a row during the International Day of Older Persons celebrated October 1.
According to the survey, the institute found that 88 percent of the Mexican population over 65 years of age receives a pension. A quarter of all senior citizens are covered by the pension system, which was introduced in Mexico in 1943. In the last 10 years, this system was expanded, benefitting nine out of 10 of those covered.
"At times, the income level for senior citizens is below the basic income needed for an adult to survive, which is why there is presently a great neeed for a basic social pension,” said Toby Porter, executive director of Help Age International.
In fact, the Help Age study prompted President Enrique Peña Nieto to decrease the social pension eligibility age from 70 to 65, and he also raised the amount of the benefit to US$53 a month.
Read the full story at teleSUR
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