The Chamber of Deputies approved the creation of the Pension Fund for Wellbeing, which will be financed with retirement savings in the Afores that are not claimed by people aged 70 and over. The Pension Fund, proposed by the Morenoist deputies Ignacio Mier Velazco and Angélica Ivonne Cisneros, It will aim to guarantee a decent … Read more
The Chamber of Deputies approved the reform for the creation of the Pension Fund for Wellbeing that will act through a public trust whose person in charge of managing the money will be the Bank of Mexico. This initiative seeks to increase employer contributions, reduce the requirement for weeks of contributions, increase the amount of … Read more
MY BOY, MY FATHER Decree 1.836/2008 prohibits the appointment of the spouse, partner or relative up to the third degree of the governor and deputy governor of the State to commissioned, fiduciary or paid positions in the direct or indirect state public administration. The rule, however, does not apply to positions held by political agents, … Read more
Tax reform The approval of a tax reform that provides for the replacement of several taxes with a double value added tax (VAT) could even serve its function of simplifying the chaotic Brazilian fiscal scenario. But its real impact will depend on the regulations that are adopted. The text approved by the National Congress can … Read more
