Among the objectives that formal workers have is to ensure that their years of work activity bear enough fruit to receive a decent pension that takes away financial worries during their retirement.
The ISSSTE pension is a regular payment that state workers receive when they retire or in case of disability.. It is calculated based on the worker's salary and the time they have contributed to the ISSSTE, however, there are three types, do you know what they are and how they are processed? We tell you.
1. Retirement pension by age and length of service
- It is granted when you turn 60 years of age and have a minimum of 25 years of contributions to the ISSSTE.
- It is calculated based on the average basic salary of the worker's last year of service.
- You can choose to receive it in a single payment or in monthly payments for life.
2. Pension for early retirement
- It can be requested by workers who have not yet reached the age and contribution time to acquire other types of pension.
- Whoever wants this type of pension must check that the 'individual account amount' allows the pension calculated in the 'life annuity' modality to be greater than 30% of the amount of the guaranteed pension.
3. Retirement pension at an advanced age
- The ISSSTE old age unemployment pension is an economic benefit granted to State workers who have not managed to meet the contribution time requirements for the retirement pension based on age and length of service.
- It can be requested by a worker who is 60 years old or older with a minimum of 25 years of contributions.
You might be interested in: What documents do I need before processing the IMSS or ISSSTE pension?
How to request an ISSSTE pension
The process to request an ISSSTE pension can be done online or in person.
Online:
- Enter the ISSSTE web portal: https://www.gob.mx/issste
- Select the “Pensions” option
- Click on “Pension Application”
- Fill out the online form and attach the required documentation
In person:
- Go to an ISSSTE office
- Submit the pension application and the required documentation
ISSSTE pension amount:
The amount of the ISSSTE pension varies depending on the type of pension, the worker's salary and the time they have contributed to the ISSSTE. In general, pensions are calculated based on the average basic salary of the worker's last year of service.
ISSSTE 2024 Pension: Check the payment schedule
The annual ISSSTE payment schedule is distributed as follows:
Month | Payment date |
---|---|
January | Tuesday January 2 |
February | Wednesday, January 31 |
March | Thursday February 29 |
April | Friday March 29 |
May | Tuesday April 30 |
June | Friday, May 31 |
July | Friday June 28 |
August | Wednesday, July 31 |
September | Friday August 30 |
October | Monday September 30 |
November | Thursday October 31 |
December | Friday, November 29 |
Pensions are an important source of income for older people, people with disabilities and relatives of the deceased. They are a way to ensure that these people have a secure income to cover their basic needs.
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