The Anti-Corruption and Good Governance Secretariat published a list of former public officials who received million-dollar pensions, also known as “golden pensions.”
“In accordance with Article 65 of the General Law on Transparency and Access to Public Information, government agencies and entities must make available to the public the list of retired and pensioned individuals, as well as the amount they receive,” the agency wrote in a statement, after analyzing the information related to pensioners.
The names include former employees of public institutions such as Luz y Fuerza del Centro (now in liquidation), Petróleos Mexicanos (Pemex), and the Federal Electricity Commission (CFE).
They also include former employees of Nacional Financiera (Nafin), the National Bank of Public Works and Services (Banobras), the National Bank of Foreign Trade (Bancomext), and the National Bank of Rural Credit (Banrural).
Officials Receive ‘Golden Pensions’ of Up to One Million Pesos Monthly
According to official data, between 3,404 and 5,600 former officials and executives of state-owned companies and development banks receive pensions exceeding the presidential salary.
The main issuers of these pensions are Pemex and CFE, with 544 and 2,199 pensioners, respectively. According to the list from the Ministry of Finance, at least four of the retirees receive more than one million pesos per month, three of whom are former employees of the now-defunct Luz y Fuerza del Centro (Central Light and Power Company).
In total, it is estimated that approximately 67 percent of some 14,000 pensioners in certain agencies receive incomes exceeding the presidential salary cap.
In the statement, the Ministry indicated that no retiree from state agencies may receive a pension exceeding 50 percent of the salary of the President of the Republic, which currently amounts to approximately 70,000 pesos per month.
Senate approves reform capping exorbitant pensions
The Senate recently approved, with 115 votes in favor and six abstentions, the constitutional reform—submitted by Mayor Claudia Sheinbaum—that puts an end to so-called exorbitant pensions.
With the implementation of this measure, the federal government estimates savings of approximately five billion pesos, currently allocated to former officials with million-dollar pensions.
This aims to eliminate the excessive income received by some former officials and executives of state-owned companies and public agencies.
Source: milenio
