ISSEG remains among the three state institutes with the highest operational viability in Mexico and works without subsidies of the State Governm
ISSEG remains among the three state institutes with the highest operational viability in Mexico and works without subsidies of the State Government
Guanajuato is the only state that evaluates its pension fund using its own demographic hypotheses, in order to make decisions with more accurate and responsible information
Dolores Hidalgo CIN/Gto News
Safeguarding the resources that will guarantee workers’ pensions for decades to come is a responsibility that demands real information, transparency, and timely decisions, noted the Governor of the People, Libia Dennise Garcia Munoz Ledo, in the broadcast of Connecting with the People, dedicated to the financial strength of the Guanajuato State Social Security Institute (ISSEG).
“What is important is to speak clearly and have very precise information, based on data from Guanajuato, because that allows us to make the best decisions today to continue strengthening our pension fund,” the Governor said.
Libia Dennise explained that, under the national parameters used to evaluate state social security institutes, ISSEG has a perpetual projection, meaning a 100 year projection. However, Guanajuato is the only state that also conducts a study with demographic hypotheses specific to its affiliated population, considering factors such as life expectancy, number of pensioners, and the behavior of active workers.
With this more precise methodology, current financial viability is projected until 2065.
“We could rely on the national assessment and claim we are permanent, but the responsible thing to do is to measure ourselves against our own reality. We don’t want to deceive ourselves; we want to know where we stand in order to make decisions that will allow us to continue increasing the fund’s viability,” the Head of the Executive Branch stated.
The Director General of ISSEG, Judith Juárez Guzmán, explained that the Institute maintains a solid position despite the growth of its obligations, as more and more people are reaching retirement age and living longer. Currently, the investment portfolio guarantees the necessary cash flow to cover pension payments for the next 30 years.
Positive numbers:
- From December 2024 to July 2026, ISSEG’s investment portfolio grew by 3.763 billion pesos
- Its net worth increased by 6.637 billion pesos
- The Institute is also the only state-run social security institution in Mexico recognized by the International Social Security Association for its best practices
Francisco Miguel Aguirre Villarreal, Director of Actuarial Valuations for the North, explained that actuarial studies project the future income and obligations of a pension system based on demographic, financial, and statistical variables. He emphasized that using its own data allows ISSEG to anticipate risks and make more accurate decisions.
“Continue to assess the risks and act accordingly. The decisions you make today are not just for the next ten years; they are decisions to protect those who will depend on your pension in 30 or 40 years,” the specialist noted.
Carlos Fabian Munoz Tejeda, Deputy Director of the Business Unit at ISSEG, reported on the process of converting 130 properties recovered due to mortgage defaults into liquid assets. The proceeds will be used to strengthen the Pension Fund. The sale will be conducted through public procedures, official appraisals, and mechanisms for reporting to the State Congress.
Libia Dennise invited families to continue using ISSEG Pharmacies, present in all 46 municipalities, as their profits also contribute to strengthen the Institute and its pension fund.
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