Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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

Nature and rural tourism lodging grows in southern Nayarit

Nature and rural tourism lodging grows in southern Nayarit

Southern Nayarit’s lodging supply grew 30% to 40% over the past year as cabins, glamping...
Punta Mita residents say government is ignoring dispute over beach development

Punta Mita residents say government is ignoring dispute over beach development

Punta Mita residents say authorities have failed to address beach access and environmental concerns at...

Puerto Vallarta Tourism Slows After February

Business leaders report fewer visitors, lower service sales and weaker air traffic in Puerto Vallarta...
Mérida’s Growth Is Testing Water, Power, and Roads

Mérida’s Growth Is Testing Water, Power, and Roads

Mérida’s growth debate is about more than housing. Water, power, roads, buses, hospitals and police...