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

Culture and creativity support 1.43 million jobs in Mexico

Culture and creativity support 1.43 million jobs in Mexico

Mexico’s cultural sector supports 1.43 million jobs and 2.8% of GDP, sharpening calls for stronger...
Mexico Sinks Onjuku Ship to Build Gulf Reef Habitat

Mexico Sinks Onjuku Ship to Build Gulf Reef Habitat

Mexico’s Navy sank the former Onjuku off Tamaulipas to create an artificial reef meant to...

Iran Conflict Pushes Mexico Housing Costs Up Again

Canadevi says oil-linked material costs have lifted Mexico housing construction costs 5%, adding pressure to...
UN Report Warns Cartels Now Challenge Mexico’s State

UN Report Warns Cartels Now Challenge Mexico’s State

A 2026 UNDP report says organized crime in Mexico has become a systemic challenge to...