Changes under Mexico’s planned pension reform
Mexican workers will see a major boost to their retirement benefits after the government and private sector ironed out the details of a pension reform that lawmakers are expected to pass into law by early 2021. Following are key changes and aspects of the planned reform according to the Mexican finance ministry: - Retirement benefits for the average worker are forecast to increase by 40%. - Under the plan, total contributions will rise from 6.5% to 15% of salary...
