Mexico Considers Capping State Company Pension Benefits, Facing Retiree Opposition

President Claudia Sheinbaum proposes a constitutional reform to limit pensions for Pemex and other state retirees to the current presidential salary, potentially reducing benefits for thousands. Retiree associations oppose the move, citing risks to legal rights and protections, and cautioning against retroactive impacts. Next steps include legislative debates and possible amendments as both sides advocate for their positions.