Glossary entry

Spanish term or phrase:

Salario Integrado IMSS

English translation:

Gross salary for calculating Social Security contributions

Added to glossary by Robert Forstag
Apr 27, 2017 17:42
7 yrs ago
24 viewers *
Spanish term

Salario Integrado IMSS

Non-PRO Spanish to English Law/Patents Law: Taxation & Customs Mexico / IMSS / Payroll Summary
My confusion arises here because the amount on this header (within the payroll summary of an employee for a private corporation located in Mexico) is *less than* the amount previously indicated under the header "Salario Diario":

Salario Diario:

8,333.34 MXN

Salario Integrado IMSS:

1887.25 MXN

The previous glossary entries of "Gross Salary" would thus appear incorrect.

Thanks in advance.
Votes to reclassify question as PRO/non-PRO:

PRO (2): Robert Forstag, lorenab23

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Discussion

Robert Carter Apr 27, 2017:
Robert: It's less because there's a cap on the Salario Integrado IMSS at the rate of 25 times the minimum daily wage.

Bunos Dias, alguien me podria decir cual es el Tope del Salario Integrado para IMSS, Nuchas Gracias por su ayuda
...
31/Ago/07 10:10
El equivalente a 25 veces el salario mínimo vigente en el DF.
Saludos.

https://fiscalia.com/modules.php?name=Foros&sop=verTopico&id...

Proposed translations

+1
19 mins
Selected

Gross salary for calculating Social Security contributions

I think that's what it means, or "Gross salary for purposes of calculating IMSS Social Security contributions" to be more specific, because there's probably another kind for state workers (ISSSTE contributions). The IMSS is the Mexican Social Security Institute.

El Salario Diario Integrado es con el que cotizas en el IMSS para calcular las Cuotas Obrero-Patronales, esto quiere decir que en base a un calculo que el patrón realiza para determinar un factor el cual se multiplica por el Salario Diario se obtiene el dichoso SDI.
https://contadormx.com/2015/05/28/salario-diario-integrado-d...

As I mentioned in the discussion, I believer there is a cap on the amount of contributions to be paid that runs at 25 times the daily minimum wage.
Peer comment(s):

agree AllegroTrans
1 hr
Thanks, Chris.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you, Robert. This is the answer that makes the most sense to me. "
1 hr

Consolidated Salary [computed] from participation in the IMSS system

I think this wording would be more proper, or some where along those lines. I agree Gross Salary for Salario Integrado is not as precise as that's in reference to before-tax calculation of salary. The key term that would enlighten is Integración del salario which I came across in Thomas West's dictionary:

Integración del salario (Mex) [DER LAB]: Salary consolidation
DEF: The process of combining the daily wages and all other benefits given to the employee, in order to arrive at the “salario integrado” (consolidated salary), primarily for purposes of computing the employee’s severance pay upon termination.
(Thomas West, ed. 2012)

When I worked for a Mexican company, my last pay check included not only for the last pay period I worked, but also other items like unused vacation pay (contributions) and some other item to do with IMSS (which I'm guessing could be the Salario Integrado).
Note from asker:
Thank you.
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