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Published 11 days ago

Mexican lawmakers approve new pension fund backed by president

Summary by Devdiscourse
Mexican lawmakers approve new pension fund backed by president Mexico's Senate approved the creation of a new pension fund on Thursday aimed at boosting payouts to the lowest-earning recipients.The creation of the fund, which is part of a pension reform proposed by outgoing President Andres Manuel Lopez Obrador, won the support of 70 senators, with 43 against and two abstentions, after a heated debate that went into the evening.

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