Tag Archives: pensions

Mexican Government Presents 2022 Budget Proposal

By KELIN DILLON On the afternoon of Wednesday, Sept. 8, Mexican Secretary of Finance and Public Credit (SHCP) Rogelio Ramírez de la O presented Mexico’s 2022 budget plan to the Chamber of Deputies under the administration of President Andrés Manuel López Obrador (AMLO), featuring no increase in taxes, increased spending in the health sector, and historical levels of public investment.

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AMLO Hikes Elderly Pension Ahead of Mexico’s June Midterms

By KELIN DILLON  Just over two months before Mexico’s June 2021 midterm elections, Mexican President Andrés Manuel López Obrador (AMLO) announced he would be doubling the pension for the nation’s elderly community gradually, until reaching 6,000 pesos every two months in 2024. AMLO also revealed the minimum age to receive the pension would go down from 68 to 65, expanding

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New Labor Central Kicks Off Under Gómez Urrutia

eNapoleón Gómez Urrutia, head of the Mexican Miners and Metal Smelters Union. Photo: veracruzenlasnoticas.com By RICARDO CASTILLO     The wheel of fortune has made a full circle for Mexican Senator Napoleón Gómez Urrutia. In 2006, Gómez Urrutia, then — and still — leader of the Mexican Miners and Metal Smelters Union, fled Mexico Canada-bound, charged with a $55 million embezzlement of union funds. Had he

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Former Presidents Lose Pension, Military Protection

By RICARDO CASTILLO     Andrés Manuel López Obrador (AMLO) is not yet president of Mexico, but he’s already indirectly issued his first executive order through the Mexican Senate. On Monday, Nov. 6, his first fully fulfilled campaign promise to strip former presidents of their juicy pension went into effect as Senate President Martí Batres ordered the publication in the Official Gazette of the

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