Veracruz leaders and unions demand pension protections and budget increases

In Veracruz, political leaders and labor unions are raising alarms regarding the financial stability of pension systems. Deputy Héctor Yunes Landa has proposed a reform to Article 127 of the Constitution to raise pension limits and eliminate retroactivity, arguing that current federal policies threaten the economic security of retirees.

Yunes Landa criticized the federal government's austerity measures, noting that while the government aims to save 5 billion pesos through pension reforms, state-owned PEMEX reported a net loss of nearly 28 billion pesos in the first half of 2026. He emphasized the need for a system that is both financially sustainable and socially just.

Simultaneously, union leaders and retiree groups are urging the Veracruz Congress to authorize approximately 13 billion pesos for the Instituto de Pensiones del Estado (IPE) in the 2027 fiscal budget. Raúl Augusto Maldonado Loeza, general secretary of the STIPE, warned that insufficient funding could jeopardize the timely payment of pensions for over 38,000 retirees. Unions are calling on Governor Rocío Nahle García to maintain the current solidarity-based distribution model and reject a shift toward individual accounts.