The Center for Economic and Budgetary Research (CIEP) revealed that the compensation for former workers of Luz y Fuerza del Centro (LyFC), which amounts to 1,458 million pesos for this 2022, accentuates the inequality that exists in the payment of pensions.

For example, the average pension of a former LyFC worker is 1.5 million pesos per year, while an older adult who receives the welfare pension has an average of 23,100 pesos per year, revealed the CIEP.

This new support will benefit 8,892 former workers who were unable to retire in 2009 and who worked more than 19 years, six months and one day. The compensation is added to the current expense that is already made for the pensioners of the defunct electricity company.

Likewise, the CIEP pointed out that the new allocated expenditure was not presented in the 2022 Federation Expenditure Budget (PEF), and lacks operating rules. “The operating rules were not presented as established by the Federal Budget and Treasury Responsibility Law (LFPRH)”.

In February, President Andrés Manuel López Obrador made public the decision to support workers who did not receive a pension at the time LyFC disappeared.

“As we know, the company disappeared, the Luz y Fuerza del Centro company, and more than 40,000 workers were laid off, leaving behind workers who had not yet reached the retirement age of 19 years of work. Many of them are already older, many of them. (…) It has been decided to support these workers”, said the president when the decision was made public.

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According to the Institute to Return the Stolen to the People, the average monthly income of 4,270 former employees will be between 3,200 and 10,000 pesos; between 10,000 and 20,000 pesos, for 3,673 people; until reaching 25 people who would be the ones who could obtain a maximum of 67,000 pesos. The average age is 59 years.

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