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August 1, 2024
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Starting tomorrow, 7 percent salary increase for Pemex union members

Jared Laureles and Alejandro Alegria

The newspaper La Jornada
Wednesday, July 31, 2024, p. 12

The Union of Petroleum Workers of the Mexican Republic (STPRM) and Pemex reached an agreement on the 2024 salary review, with a global increase of 7 percent that will be applied starting tomorrow.

With this, the State productive company assured, The aim is to guarantee the well-being and compliance with the rights of employees, as established in the collective agreement and in the Federal Labor Law..

In the salary negotiations agreed with Pemex, in addition to the global increase for the period 2024-2025, the oil union obtained greater resources that impact at least 15 benefit clauses, such as travel expenses, life insurance and housing loans of up to 2.9 million pesos.

The comprehensive increase consists of 2 percent for benefits and 5 percent for salary, which will be effective from August 1 to July 31, 2025, Pemex said.

Also noteworthy is the 8 percent increase in the basic basket and 5 percent in economic installments, in addition to the fact that gas and gasoline will have an upward impact on the national consumer price index.

Among the economic benefits for oil workers are also life insurance for retirees, which rises to 109 thousand 256 pesos, and administrative loans to 149 thousand 723, according to the Report on the achievements obtained in the 2022 salary reviewof which this newspaper has a copy, and which was made known to union members in extraordinary meetings of different sections.

Travel expenses for workers who need to travel to medical visits increased to 1,698 pesos; for overnight stays that require laundry, 816 pesos, and assistance for expenses for beneficiaries sent to receive medical care at another place outside their assigned location will be 691 pesos, among others.

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