| Government Expands Pension Access to 2.5 Million Elderly Mexicans Reuters | |
| go to original March 8, 2013 |
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MEXICO CITY - Mexico's president on Thursday announced the expansion of a pension program that will provide 525 pesos ($41)a month to 2.5 million more elderly Mexicans, following through on one of many promised reforms.
The program, which had been available only to people over 70, will now include Mexicans aged 65 and above who do not have another form of retirement savings or pension, effective immediately, according to the Social Development Ministry, or SEDESOL.
Older adults "need and deserve just recognition and just support so that they live in better conditions at that time of life," President Enrique Pena Nieto said at an event in the western Mexican state of Jalisco.
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