Pemex retirees call for sensitivity in pension reform

Associations of trust retirees from Petróleos Mexicanos (Pemex) urged Mexican legislators on Sunday to act with sensitivity and historical responsibility on the secondary laws of the pension reform, warning of risks like retroactivity and legal uncertainty. They stated that any transformation must expand rights rather than weaken them.

Associations of trust retirees from Petróleos Mexicanos (Pemex) issued a public statement addressed to the public and the Chamber of Deputies. They called for avoiding changes to already granted retirement conditions, as these would affect consolidated rights and violate the principle of non-retroactivity of the law.

They warned that the rules workers used to plan their lives cannot be unilaterally altered after their working life ends. They also noted that discretionary adjustments to established benefits would break the principle of legality and leave retirees vulnerable to public power. “Today it is us, tomorrow it could be any other sector,” they stated.

They accused the Secretaría Anticorrupción y Buen Gobierno of disseminating false information on March 13 about exorbitant pensions, including retirees' identities, which created misinformation and violated personal data protection principles.

The reform, proposed by President Claudia Sheinbaum and approved by the Chambers of Deputies and Senators, amends article 127 of the Constitution to cap trust personnel pensions at half the remuneration of the federal Executive's head. It covers public companies like Pemex, with exclusions for Armed Forces and voluntary contributions. Its transitory provisions call for adjusting existing pensions to the new cap.

To date, the reform needs ratification by at least half plus one of the state legislatures to take effect and enable secondary laws.

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Illustration showing the suspension of a 25 trillion peso pension transfer by Colombia's State Council, with judges, documents, and concerned citizens.
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State council suspends transfer of 25 trillion pesos in pension reform

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The State Council provisionally suspended Decree 415 of 2026, which authorized the transfer of resources from private funds to Colpensiones. The measure affects 120,000 affiliates and completely freezes the transfer of nearly 25 trillion pesos.

President Claudia Sheinbaum defended on Saturday in Morelos the approval of electoral plan B and the decree eliminating golden pensions for former public officials. She said these measures will save nearly 5 billion pesos for public works and social programs. 'Pésele a quien le pese, we will continue governing for the people of Mexico,' she stated.

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The National Government filed an appeal before the Council of State to reverse the provisional suspension of a $25 trillion transfer from private funds to Colpensiones. The precautionary measure was issued on April 28 against Decree 415 of 2026. The ministries defend the decree's legality within the pension reform framework.

Jaime Dussán, president of Colpensiones, announced meetings and technical tables with sector actors to discuss Decree 0415 of 2026, which governs the transfer of $25 trillion from private funds to Colpensiones. He specified that $20 trillion will go to current contributors and $5 trillion to pensioners. He noted that around 109,000 people have been transferred, with nearly 24,000 now receiving monthly payments.

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President Gustavo Petro defended affiliates' right to transfer their pension savings from AFP to Colpensiones, responding to criticisms from the National Association of Financial Institutions (Anif). Anif warned that the Ministry of Labor's draft decree would pose fiscal risks by transferring nearly $25 trillion, impacting the pension system and public finances.

Retirees and families of people with disabilities protested outside the National Congress this Wednesday, demanding an increase in pension benefits and payment of overdue allowances. The Government deployed a heavy police operation with Federal Police and Gendarmes to prevent street blockades. Protesters highlighted the loss of purchasing power in pensions and debts in programs like Incluir Salud and PAMI.

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Mexico's Senate commissions on Constitutional Points and Legislative Studies approved President Claudia Sheinbaum's 'Plan B' electoral reform bill on March 24, following its presentation a week earlier. The measure passed with 24 votes in favor and 11 against after over five hours of debate and now heads to the full Senate, despite PT opposition to the 2027 revocation referendum date.

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