Petróleos Mexicanos (Pemex) and the Union of petroleum workers of the Mexican Republic (STPRM) agreed to a wage increase of 3.99% and 1.75% benefits of the almost 150 thousand 657 workers among perminant employees and unionized.

The signing of the CCT was held in the Pemex Executive Tower and profits moved to the 104 thousand 919 retirees and beneficiaries review. The agreement will come into force and covers the period 2015-2017 and it will enter into force once formalize before the authorities of the labour sector, What could happen in the next hours.

According to sources close to the negotiations, Pemex and its Union are still negotiating the issue of pensions, "because it's a very complex issue that is expected to also reach good results". In fact, they have of 60 more days to finalize an agreement and implement the new pension scheme, that includes the application of a system of portable individual quotas for new employees and, gradual adjustments of parameters for active workers, among them, the increase in the age for retirement that is currently of 55 years or (25 years service) in Pemex, faced with the 65 years that currently is within the law.

Other discussions form part of the "integrated pension" that these are being reviewed by company and Union: ordinary salary (tabbed salary, savings fund, rental home and help), compensation, extra fixed and occasional time, basic assistance, as well as death benefits (expenses funeral and life insurance) and loans. The importance of the agreement concerning pensions, that could be ready next month in November, It lies in the commitment of the federal Government to assume as part of labor liabilities of Pemex currently amounting to $ 1 trillion public debt 494 billion pesos, in an amount equal to the savings resulting from the negotiation and amendments to the collective labour agreement.