Home » today » World » AMLO signs decree that creates the Welfare Pension Fund

AMLO signs decree that creates the Welfare Pension Fund

President Andrés Manuel López Obrador signed the decree by which the Welfare Pension Fund will be created. In the afternoon, the operating rules will be published in the Official Gazette to be able to subscribe to the Trust that the Bank of Mexico will operate, in which the conditions will be established to give financial viability to the improvement of the payment of higher pensions to workers who retire with the regime approved by President Ernesto Zedillo.

During the conference, it was reported that on July 1st the new pensions will begin to be paid to prevent them from no longer receiving as a pension only a third of the last salary they obtained when they were active, “pensions of misery,” said the Secretary of the Interior, Luisa María Alcalde.

According to the entry into force schedule, a radio and television campaign will be promoted to inform the population of the existence of these unclaimed accounts that are still currently in the Afores but that must be transferred to the IMSS as part of the financing of this background.

For his part, on the occasion of May 1, Labor Day, President Andrés Manuel López Obrador vindicated his labor policy, which has been aimed at recovering the purchasing power of the minimum wage, which during the neoliberal period fell by 70 percent. I don’t like to use the word, but they were starvation wages.”

No later than June 15, Afores operators must transfer the resources from unclaimed accounts to the IMSS. In response to a specific question, President Andrés Manuel López Obrador considered that companies will comply with the law and, if applicable, a public complaint of non-compliance with this new provision would be made at the conference. He recalled that the government’s calculation of him.

It does not have to be all at once, so with the original resources that this Fund has, there will be enough resources from the beginning to finance this new pension scheme.

To the express question about whether the fund will be enough to pay pensions in the future, he considered that in principle there are resources but in the future the fund will increase because the payment of the states’ debts to the ISSSTE and the Tax Administration Service will be included. . A 75 percent discount is being made on these debts.

“It will be enough to compensate the workers. Imagine the joy of a worker who was going to retire no longer with the 25 or 30 percent as originally planned, Zedillo or Calderon did not think about it.”

-Is it going to be enough?

-There is enough for this year and for 2 or 3 more years because when it is going to get more complicated it will be to the extent that more workers retire, by then the fund will have more resources and the mechanism is established

-Has the PAN already said that it is going to challenge it?

-Yes, it is possible but this is moving forward.

After announcing that at noon he will meet at the National Palace with a hundred union leaders to celebrate Workers’ Day, he said that his government’s labor policy sought to correct the aberrations of neoliberalism, and aims to be the beginning of the construction of the State of the Welfare, where workers have social security from cradle to death.

“In those 36 years of neoliberalism, in that fateful period of national history, all the reforms to the Constitution were made to favor a minority, those who felt like owners of Mexico, to privatize the assets of the people and the nation for the benefit from individuals, from the so-called businessmen linked to power, in reality influence peddlers. You will not find any reform that has been made for the benefit of the people of Mexico, nor the workers.” said the president.

However, he said, this is no longer the time when salaries were not even enough to cover what was essential. López Obrador considered that there are still aspects to be consolidated, such as the right to health of workers so that they have guaranteed medical care for all diseases, access to medicines.

The union leaders are expected to arrive at the National Palace at noon to meet with López Obrador.


#AMLO #signs #decree #creates #Welfare #Pension #Fund
– 2024-05-07 15:43:17

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.