Mexico : Financial Sector Assessment Program Update: Technical Note: The Pension Annuity Market

Author/Editor:

International Monetary Fund

Publication Date:

May 15, 2007

Electronic Access:

Free Full text (PDF file size is 412 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper presents a technical note on Mexico’s Financial Sector Assessment Program update. The Mexican experience displays interesting characteristics that provide lessons for other countries that still need to design the decumulation phase of their newly established second pillars. The rationale for the choice of specialized annuity providers has been, on the one hand, to avoid the contagion effect from composite life and nonlife insurance companies operating annuities, and on the other hand, the implicit government guarantee associated with a benefit provision for which participation has been mandated by the federal government.

Series:

Country Report No. 07/163

Subject:

English

Publication Date:

May 15, 2007

ISBN/ISSN:

9781451825718/1934-7685

Stock No:

1MEXEA2007002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

49

Please address any questions about this title to publications@imf.org