The IMSS pension is a financial benefit intended to protect the worker when an accident at work occurs, when suffering from a non-occupational illness or accident, or when reaching at least 60 years of age.
It should be noted that knowing about the benefits of the modalities to retire and correct financial advice will help those interested make the best decision when it comes to retiring; That is why clearing up each and every one of the doubts you have before carrying out your pension process is one of the first steps you must take.
It is worth noting that both Modality 40 and Modality 10 are preferred for pensioners thinking about their retirement, however it is important to know what each of these modalities is about.
To begin, the first thing to know is that modality 10 of the IMSS counts as a mandatory regime, that is, as long as you are adding weeks within said modality before Social Security, it is considered that you are working with an employer.
In turn, Modality 40 only applies when the interested party is already retiring, that is, they no longer contribute and, therefore, they no longer have some benefits compared to their counterpart; that is why the official name of this form of pension is Voluntary Continuation of the Mandatory Regime.
Can I go from Modality 10 to Modality 40 of the IMSS?
Although, the change of modality is a very delicate procedure which requires a lot of advice, the answer to one of the most frequent questions of pensioners is YES, if you can go from Modality 10 to Modality 40 of the IMSS Pension.
It is worth mentioning that after contributing for a while in IMSS Modality 10, you can switch to IMSS modality 40 with the advantage that in Modality 40 you can start injecting voluntary capital into your pension.
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This means that going from Modality 10 (mandatory regime) to Modality 40 (voluntary regime) is possible and may even be advisable for many people.
It is also important to mention that if you belong to Law 73 and are contributing to the IMSS under Modality 10, you should know that you can change to modality 40, but it is advisable to do so at the right time and with the relevant financial advice. .
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