Mexican Social Security Institute
The Mexican Institute of Social Security (Spanish: Instituto Mexicano del Seguro Social, IMSS) is a governmental organization that assists public health, pensions and social security in Mexico operating under the Secretariat of Health. It also forms an integral part of the Mexican healthcare system. HistoryThe IMSS was founded by Mexican President Manuel Ávila Camacho on January 19, 1943 to satisfy the legal precepts established in the Article 123 of the Mexican Constitution. It is constituted by representations of the workers, employers, and the federal government. It is the largest social welfare institution in all Latin America.[citation needed] For some time, however, there have been festering signs of trouble in IMSS, such as serious financial problems that came to a head in early November 2010. Directors-General
Mexican Social Security LawThe Mexican Social Security law currently in effect, published in the Official Journal of the Federation (21 December 1995), is the legislative domain under which the IMSS carries out its operations. Currently the law indicates that Social Security has the following purposes:
The law contemplates two domains, an "obligatory" one (funded by individual, employer and state contributions), and a "voluntary" one (aimed at workers in household industries and self-employed professionals). The following items are excluded from the base quoted salary:
Further reading
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