Social Security System of the State of Veracruz

The current research aims to analyze the financial unsustainability and the techni-cal bankruptcy faced by the social security system of the state of Veracruz, under the hypoth-esis that this problem is not only the result of the logic with which the defined benefit regime operates which sustains, but also the tendency to increase the benefits granted without the corres ponding increase in the contributions, as well as the original design and the reforms to its parametric variables over time. Regime in which contributions have been insufficient to main tain the long-term balance between the income collected and the expenses of the payment of pensions, during the life of each pensioner.