Morena is trying to steal billions of pesos from retiree funds

In a bold move that has stirred up the political landscape in Mexico, President Andrés Manuel López Obrador (AMLO), backed by his party Morena, has proposed a radical overhaul of the country’s pension system. The proposal aims to guarantee pensions equal to full salaries at the time of retirement, a feat not accomplished by any other country. This proposal is part of a package of 20 constitutional reforms that AMLO hopes to pass during his remaining eight months in office. …