Mexican deputies have approved a reform to eliminate 'golden pensions' received by high-ranking officials. The bill, proposed by President Claudia Sheinbaum, reduces pensions to 50% of the salary of the head of the executive branch, which would be a maximum of around 70,000 pesos per month. This measure is expected to save up to 5 billion pesos annually. Members of the ruling coalition from Morena, PT, PVEM, and MC stated that the reform will not affect the rights of legally retired workers and will not be retroactive. They emphasized that the goal is to end abuses and privileges that harm society. Meanwhile, the opposition from PRI and PAN walked out of the session, claiming the reform is political rather than administrative and will not solve the country's budget deficit. The debates were accompanied by speeches from union leaders who asked that their pension rights not be touched.
