Mexico's IMSS launches new pension discounts and secure payment system for retirees

The Mexican Institute of Social Security (IMSS) announced that retirees receiving the IMSS pension in 2026 can access discounts of up to 50 % on a range of products and services, including private health care, public transport, cultural venues, food, clothing and telecommunications. These discounts are part of existing agreements aimed at improving the economic well‑being of pensioners, but many remain unaware of them.

IMSS also introduced a new, bank‑referenced payment mechanism for contributors under the Modalidad 40 scheme. Managed through HSBC, the system links each contribution to an individual account, ensuring payments are correctly recorded, reducing administrative errors, and increasing transparency for workers who voluntarily continue contributions after leaving formal employment to boost their future pension benefits.