President Claudia Sheinbaum announced plans to eliminate millionaire pensions for former officials, including that of José Ángel Gurría, who receives 120,000 pesos monthly from Nafin. The initiative aims to set a cap of around 70,000 pesos, equivalent to 50% of the presidential salary. This reform will be presented in the coming days and will affect trust officials, excluding the Armed Forces.
During her morning conference on February 20, 2026, President Claudia Sheinbaum revealed that José Ángel Gurría, former Secretary of Finance and former OECD director general, receives a 120,000-peso monthly pension as a former Nafin official. Sheinbaum questioned this amount, stating: “Imagine, Gurría, how much Gurría earns as OECD director and then he is also collecting a Nafin pension”.
Gurría has been one of the critics of the Fourth Transformation (4T). The pension corresponds to his time as Nafinsa director. Sheinbaum included this case in her plan to eliminate millionaire pensions, which will affect former collaborators from entities like Pemex, CFE, the defunct Luz y Fuerza, and Nafin.
The proposal, developed with the Anti-Corruption and Good Government Secretariat and the President's Legal Counsel, will amend Article 127 of the Constitution to set a cap of approximately 70,000 pesos monthly. This equals 50% of the Executive's salary. According to Raquel Buenrostro, Anti-Corruption head, Nafin pays 643 million pesos annually to 1,449 trust retirees.
The estimated savings, up to 5 billion pesos, will go to Welfare Programs. Sheinbaum stressed the reform is not retroactive, though it sparks debates on acquired rights and potential lawsuits. In total, 94,153 people receive pensions from 300,000 to over one million pesos monthly, per presented data.
The measure fits within republican austerity and aims to address inequalities, but it has ignited discussions on its fiscal and political impact, including views that it targets government critics.
