Mexico’s Historic Minimum Wage Hike and Disability Pensions
Disability pension increased; 4T fulfills commitment to historic minimum wage hike
Girls, boys, adolescents, young people, indigenous individuals, Afro-Mexicans, or adults with disabilities will receive 3,100 pesos bi-monthly starting from January through the Pensión para el Bienestar de las Personas con Discapacidad, announced the Secretary of Well-being, Ariadna Montiel Reyes.
Iniciamos el 2024 con #BuenasNoticias, por ello acompañe al Presidente @lopezobrador_ en la #ConferenciaMatutina para informar que la #PensiónAdultoMayor aumenta a 6 mil pesos y la #PensiónDiscapacidad a 3 mil 100 pesos (bimestral), y del 3 al 26 de enero se realizará el… pic.twitter.com/90lML7Mj95
— Ariadna Montiel Reyes (@A_MontielR) January 2, 2024
This year, the initiative will benefit a total of 1,482,451 beneficiaries as a result of agreements that allow for the coverage of the disabled population up to 64 years old in 22 states: Baja California, Baja California Sur, Campeche, Chiapas, Colima, Mexico City, State of Mexico, Guerrero, Hidalgo, Michoacán, Morelos, Nayarit, Oaxaca, Puebla, Quintana Roo, San Luis Potosí, Sinaloa, Sonora, Tamaulipas, Tlaxcala, Veracruz, and Zacatecas.
En 2024, la pensión para adultos mayores aumentará a 6 mil pesos bimestrales y 11.8 millones los beneficiados.
Comenzamos el año con más apoyo con bienestar y justicia. pic.twitter.com/QR4BZotGuS
— Gobierno de México (@GobiernoMX) January 2, 2024
The Disability Pension
The disability pension was established at the federal level in 2019 during the Fourth Transformation Government. Beneficiaries initially received an amount of 2,550 pesos, which increases continuously in relation to inflation.
In 2024, the social investment will amount to 27.86 billion pesos to enforce this right; the cumulative six-year total will be 111.396 billion pesos.
President Andrés Manuel López Obrador stated in a morning press conference that one of the priorities for the remaining term is the implementation of Well-being Programs.
“No well-being program should disappear; they should all be maintained and receive more budget. Well-being programs will go from 500 billion pesos to nearly 800 billion pesos this year—what people receive by right directly,” he affirmed.
Iniciamos el 2024 con el aumento del 20% al salario mínimo, que beneficiará a millones de mexicanas y mexicanos.
Será de 375 pesos en la frontera norte y 248.9 en el resto del país.
Durante nuestra administración incrementamos 113% el salario de las y los trabajadores. pic.twitter.com/bXfPWtVxBb
— Gobierno de México (@GobiernoMX) January 2, 2024
Increase in National Minimum Wage
Meanwhile, the national minimum wage increased by 20 percent as of January 1st. In most parts of the country, it rose to 248.93 pesos per day, equivalent to 7,572 pesos per month. In the Northern Border Free Zone, it increased to 374.89 pesos per day, equivalent to 11,403 pesos per month, detailed the Secretary of Well-being.
The new wages strengthen the purchasing power of workers by 110 percent compared to 2018, according to data from the National Minimum Wage Commission (CONASAMI).
During the Fourth Transformation, six consecutive increases were promoted in labor remunerations, doubling the amount compared to 2018 when it stood at 118.24 pesos throughout the national territory.
Soledad Quartucci | CEO/Founder, Latina Republic
Latina Republic is dedicated to promoting regional understanding through compelling narratives, articles, interviews, and reports that emanate from the heart of the Americas. Our foremost goal is to facilitate constructive dialogue by illuminating local viewpoints frequently overshadowed by mainstream media. Our mission is to equip all stakeholders with essential insights for addressing regional issues, thus empowering them in their efforts. We are committed to portraying the victories and hardships of everyday life in Latin America, while also chronicling the progression of social movements and amplifying the voices of those at the forefront of change.
