The Mexican billionaire Carlos Slim has expressed his disagreement with the reform proposal he seeks reduce the working day from 48 to 40 hours per week, which is currently under discussion in the Chamber of Deputies. Slim declared that “It is better for people to work 48 hours and earn more than to work 40 and earn less.”
In this framework, it has also presented an initiative to raise the retirement age in Mexico to 75 years. This suggestion contrasts with the practices of other countries, where retirement is established between 60 and 65 years old. His proposal has sparked considerable debate, generating divided opinions between those who support it and those who criticize it.
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Slim presented his idea at a forum held in Spain, during the XXVIII Plenary Meeting of the Círculo Montevideo Foundation. Currently, in Mexico, You must be 65 years old to be able to apply for a pension. Slim argues that since many people They reach 90 or 95 years of life, Extending the retirement age would allow for more efficient management of state resources and labor liabilities, as well as contributing to the stability of pension systems. Your main concern is possible imbalance in public finances.
In his statements, Slim stressed: “I think that reducing hours like this is foolish; I think that what I know, I have said it several times, is that you should work three days, twelve hours a day, three days to make room for three other people to work the other three days and retire at seventy-five years old, not at sixty-five or sixty.”
Likewise, he added: “You have to work fewer days, three days, not four, not five, three, more hours, more years, and having many people, which will cause new demand for new activities,” thus illustrating his perspective on work restructuring.
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