The state-owned CFE agreed to increase the salary of its workers by 3.5%, as part of the negotiation of the Collective Bargaining Agreement with the Single Union of Electrical Workers of the Mexican Republic (SUTERM), the company said in a press release.
The salary increase has remained in line with those agreed in previous years: in 2020 the increase was 3.4%. The eight-week negotiation also included a 1.8% increase in benefits and an addition of between 10 and 13% to the contribution made by the state company to the Individual Retirement Account, the company’s workers’ retirement fund, says the document. .
In the statement, the state company called on the workers to discuss what it called “constitutionality of the reforms to the Law of the Electricity Industry, declared by the Supreme Court of Justice of the Nation with a view to strengthening and rescuing the company ”. But he did not elaborate on the actions to be taken between the employees and the company.
Relations between the union and company management have been especially strengthened during this administration. The federal government has reversed some measures that came into force in the past six years, such as the increase in the retirement age, by establishing that workers could retire until they complete 30 years of service, but I reach the age of 60 in women and 65 years in men.
In 2020, and after revising the contract, it was agreed to reduce the years of service and the retirement age to once again stand at 25 and 30 years of service, for men and women, respectively, regardless of age.
