New Authority for Sub-Delegates of the Mexican Social Security Institute Regarding Labor Risk Premiums Paid by Employers

On March 28, 2008, the Mexican Social Security Institute (Instituto Mexicano del Seguro Social or IMSS) published in the OfficialJournal of the Federation, through its Technical Counsel, a decree establishing that in addition to IMSS delegates workingthroughout Mexico, sub-delegates in such offices will have the authority to ratify or amend the category, classification and labor riskpremiums paid by employers for workplace risk insurance paid on behalf of employees. With this reform it is hoped that suchgovernmental transmittals will be made more efficient and less costly for employers.