Puerto Vallarta News

Puerto Vallarta News

Mexico ends Presidential Pensions and cuts pay for public servants

Mexico has tightened laws dictating that public servants can't earn more than the president and eliminated so-called golden parachutes for elected officials.

Lawmakers decreed via the official gazette Monday that there will be some exceptions for salaries of employees with high levels of specialization and technical expertise, but even those salaries will be capped at 50 percent more than the president's salary.

President-elect Andres Manuel Lopez Obrador takes office Dec. 1 and has said he will pay himself 108,000 pesos ($5,400) a month. This implies that no public servant will be able to earn . . .

Read Full Story

Related Posts

Red Flags Still Up on Most Puerto Vallarta Beaches

Red flags remain on many Puerto Vallarta beaches today, Feb. 12, due to rough surf....
whale puerto vallarta

Third Whale Calf Hit by Boat in Banderas Bay This Season

A humpback calf was struck by a boat in Banderas Bay, the third collision this...
Expats urge closure of Animalandia on Playa's Fifth Ave

Expats urge closure of Animalandia on Playa’s Fifth Ave

Change.org petition shared by Playa del Carmen expats urges closure of Animalandia, alleging wildlife is...
Mexico Vows Not to Cede Control of Critical Minerals

Mexico Vows Not to Cede Control of Critical Minerals

Claudia Sheinbaum says Mexico won’t cede control of its lithium and other critical minerals. She...