Mexico's Pension Reform Limits Public Pensions to 50% of Presidential Salary, Impacting 93,000 Retirees

Mexico's recent pension reform, signed into law on April 10, caps public-funded pensions at half the President's salary, adversely affecting over 93,000 retirees from sectors including Pemex and CFE. This move has sparked protests and legal challenges, as critics argue it breaches constitutional principles and previous agreements. The government defends the measure as a necessary step to eliminate excesses in the public sector and ensure fiscal sustainability.