Friday, March 1, 2024

AMLO’s proposal on salaries and pensions includes a basic income

In addition to establishing that the annual increase in the general minimum wage is not below inflation, the constitutional reform initiative regarding the salary of President Andrés Manuel López Obrador includes a base income of 16 thousand 777.68 pesos — which must be updated annually. —for workers in the health, education and security sectors.

This was announced this morning by the head of the Ministry of Labor and Social Welfare (STPS), Marath Bolaños, when the federal president’s conference presented the project that was part of the twenty initiatives that were presented last Monday.

In this regard, the head of the Executive emphasized that if this initiative to reform article 123 of the Constitution is approved, the loss of purchasing power that occurred during the neoliberal era will not be repeated.

For this reason, the Secretary of Labor called on society and all legislators to “join” the constitutional reform initiatives regarding pensions and salaries “that will change the lives of millions of Mexicans.”

He recalled that during neoliberalism, the minimum wage lost 70 percent of its purchasing power, and thanks to the improvements that occurred in this six-year term, it was able to recover its level of 217 percent of free zone on the northern border. and 110 percent in the rest of the country, from 88 pesos in 2018 to 375 in the north and 249 pesos in the rest of Mexico in 2024.

Bolaños indicated that the proposal of President López Obrador includes raising the level of the constitutional requirement that teachers of basic education, doctors and nursing staff, police officers and members of the National Guard and the armed forces will receive a base salary of the average registered salary. .

Currently the average salary is 16,777.68 base salary, which is intended to be extended to workers in education, the health sector and the security and armed forces of the country, in recognition of their work, and that it will be increased every year based on estimated inflation.

“These proposals require two-thirds of the votes of the Chambers (of Deputies and Senators), so I take advantage of the space to call on society and all legislators to accompany these reforms that will change the lives of millions of Mexicans,” said Bolaños.

For his part, the President stressed that the drop in wages in the neoliberal era “is not fair. And the worst thing is that they lied that if the salary goes up, inflation will go up.”

He pointed out that during his six-year term, the minimum wage increased by an average of 20 percent every year, and with the proposal to raise it to the constitutional level so as not to fall below inflation, the fall will not be repeated.

If approved, he said, it would be progress. “The ideal is that it should always be above inflation. In the case of the minimum wage, it rises on average 20 or 25 percent above inflation. But let’s think that if things are not good in the future, the minimum wage will not be subject to inflation.

World Nation News Desk
World Nation News Desk
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