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How would it work and what risk does AMLO see? – The financial

He President Andrés Manuel López Obrador assured that the creation of the Pension Fund for Welfare would benefit approximately 28 million workers.

During the morning conference this Tuesday, AMLO explained that the proposal for workers is to obtain 100 percent of their salary upon retirement.

The reform establishes that the Pension fund will give the resources so that, from the age of 65workers obtain a pension whose amount is approximately 16,777.

This fund will help to complete or equal your last recorded salary prior to your retirement, so that it is equivalent to 100 percent.

AMLO celebrated that in the Chamber of Deputies This reform to the system of pensions.

“It was very good, it is an issue to benefit millions of workers. This reform is to correct a grievance, a damage caused in the neoliberal period,” the president highlighted.


The mandatary He denied that it was a “looting” or search “steal” workers’ savings and that, rather, it will be a way for them to live better with their pension.

Is there a risk in the creation of the Pension Fund for Wellbeing?

López Obrador admitted that there is a risk in the creation of the Pension Fund for Wellbeing and it is the possibility of it being declared unconstitutional by the Supreme Court of Justice.

“There is a risk that declare the law unconstitutional without foundation because the SCJN and the Power of attorney “They are at the service of minorities,” López Obrador admitted.

The above after opposition legislators assured that they will seek the intervention of the Court.

“It will depend on the Power of attorney, There is no basis to declare the law unconstitutional. Only the phobia of some ministers against what we represent,” López Obrador added.



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