The economy requires independent retirees

The biggest difference between the retirement and pension systems and the social Security In general, between developed and less developed countries it is not savings, neither capitalization, nor distribution, but the issue of including the entire population, when in reality it could be determined who needs it or not. they need, as was considered by Alejandro Bonilla García, president of the Association of Former International Development Employees, Greycells, Geneva and who received the Anahuac Leadership Medal in Actuarial Sciences 2022.

He said that this would be the easiest way to solve the pension problem. “That is not likely, it is not even straight, the biggest difference is that it is a right. When you talk about retirements, you are talking about finances and also about rights that must be respected”.

He explained that recognizing the rights of the elderly not only as a financial element but as the fulfillment of a development objective.

“Doing it costs in political, economic and financial terms, but not doing it costs more, it could be considered that the shadow price is underdevelopment, poverty is reduced final demand, retirees with poverty pensions are not going to activate the economy and in many countries they will be the majority”.

Analysis

Bonilla García, actuary graduated from the Anahuac University He mentioned that the final demand increases production, jobs and the world population is required to be independent. In the coming years, in countries where 40% of the population is over 60 years of age, I am convinced that no democracy and no economy can forget about this segment.

“One of the most important challenges in Latin America and in Mexico is the issue of informality, in addition to the fact that the economy now has new forms of service and through the outsourcing of some of the services where there is a pattern or no pattern , and with this the rights for retirement are being lost”, concluded Bonilla.

patricia.ortega@eleconomista.mx