The full assembly of the local Congress approved the Bill with a Decree Project that amends Article 123 of the Mexican Constitution, establishing that the annual adjustment of general or professional minimum wages must never be below the inflation rate recorded during the period of its validity. This aims to maintain the purchasing power of workers and prevent its decline.
This means that if inflation is high and minimum wages do not adjust accordingly, workers would lose purchasing power, meaning they could afford fewer goods and services with the same salary. This measure seeks to protect workers by ensuring that their wages maintain their real value over time.
Likewise, the federal reform project aims to guarantee that full-time basic education teachers, police officers, members of the National Guard and Armed Forces, as well as doctors and nurses, earn a monthly salary of no less than 16,777.68 pesos, an amount that corresponds to the monthly salary recorded in 2023 by the Mexican Social Security Institute (IMSS), adjusted for 2024 inflation.
In this case, the goal is to ensure a minimum wage based on the reported average salary, protecting these professionals from earning below that standard. As mentioned in the second transitory article of the Decree, the figure will be updated on January 1 of each year.
Consequently, the lawmakers of the 25th Legislature unanimously endorsed the Decree Project, which seeks to reform the first paragraph of Section VI of Part A and add a third paragraph to Section IV of Part B of Article 123 of the Mexican Constitution regarding wages. This makes it the fourth legislature in the country to approve this reform at the national level.