mexico Archives - DR News - News, Retirement, Finance

Pensions Boost Fund Proposal Set to Roll Out in Mexico Ahead of Elections

MEXICO CITY, Mexico – President Andres Manuel Lopez Obrador of Mexico revealed plans to introduce a new fund aimed at enhancing lower pensions in the system by May 1, just ahead of presidential elections. This initiative, part of a larger pension reform proposed by the president in February, received approval from the country’s lower house on Monday and now awaits Senate approval. During a press conference, Lopez Obrador expressed his hope to deliver positive news …

Manhunt Ends as California Man Convicted in Mother’s Death Arrested in Mexico

Santa Ana, California – A man convicted for the death of his mother was captured in Mexico after escaping from a transitional facility, sparking an intense search, authorities revealed this week. Authorities disclosed that Ike Nicholas Souzer, 20, was arrested in Playas de Rosarito, south of Tijuana, with the assistance of Mexican authorities, U.S. Customs and Border Protection, the U.S. Border Patrol, and the local fugitive task force. Souzer had reportedly violated the terms of …

Insurance in Mexico: A Crucial Component of Social Security System

Mexico City, Mexico – Social security in Mexico is not just a mere luxury but a fundamental right that ensures access to essential health care, medical assistance, protection of livelihoods, and necessary social services for individual well-being. In Mexico, social security consists of two main regimes: Mandatory and Voluntary. The Mandatory Regime is compulsory and applies to individuals in formal employment, as well as various public sectors, and their families. This regime, as outlined in …

Officer Shot in Cold Blood: Suspect Wanted in Interstate Ambush on New Mexico State Police

Tucumcari, New Mexico— A New Mexico State Police officer was tragically shot and killed in a cold-blooded attack while offering assistance to a stranded driver early Friday morning. The officer, identified as Justin Hare, was shot twice by the driver, who then fled the scene with the patrol car, authorities revealed. Authorities have issued an arrest warrant for 32-year-old Jaremy Smith from Marion, South Carolina. Smith is deemed “armed and dangerous” and is wanted in …

Paramedic’s Missing BMW Found at Scene of Officer Shooting in New Mexico

MARION, S.C. – A vehicle matching the description of the missing South Carolina paramedic’s car was discovered at the scene of a tragic incident in New Mexico, where a state police officer lost his life. Phonesia Machado was last seen in Marion, South Carolina, and was believed to be driving a white BMW DX7 with South Carolina license plate EA-1523. The South Carolina community is on edge as authorities investigate the connection between Machado’s disappearance …

Retirement Boost for New Mexico Lawmakers Sparks Controversy

Santa Fe, New Mexico – Lawmakers in New Mexico are set to receive a significant 50% increase in their retirement payouts, a move that has sparked controversy among critics who claim the increase was passed quietly. Despite the governor signing the bill into law, concerns have been raised about the lack of public debate surrounding the issue. The president of the Rio Grande Foundation, Paul Gessing, expressed disappointment over the lack of transparency, stating that …

Romantic Getaway: Joshua Jackson and Lupita Nyong’o Celebrate Her 41st Birthday in Mexico

Joshua Jackson and Lupita Nyong’o recently made waves as they commemorated her 41st birthday with a romantic retreat in Puerto Vallarta, Mexico. The couple’s public display of affection, including sweet kisses and hand-holding along the sandy beach, captured the attention of onlookers. This comes after the pair officially confirmed their relationship in Joshua Tree, California, three months prior, dismissing initial reports of just friendship. Jackson’s divorce filing from Jodie Turner-Smith, his ex-wife, marked a recent …

Mental-Health-Boosting Counseling Initiative helps New Mexico Students in Deming meet the National standard ratios

Deming, New Mexico – Brianda Alirdz, a senior at Early College High School in Deming, faced the challenges of the COVID-19 pandemic until the virus eventually impacted her during the 2021 Christmas break. Alirdz, a high achiever with a 3.9 GPA, took college-level courses through a dual credit program and experienced mental health struggles due to the effects of the virus. In response to the mental health needs of students like Alirdz, Deming Public Schools …

Healthcare Transformation: New Mexico Governor Signs Landmark Legislation to Improve Access and Affordability

Truth or Consequences, New Mexico – Governor Michelle Lujan Grisham recently signed legislation aimed at improving healthcare affordability and accessibility for residents of New Mexico. The governor emphasized the importance of tailored healthcare approaches, especially for rural communities, Medicaid beneficiaries, and public employees in the state. During a ceremony at Sierra Vista Hospital in Truth or Consequences, Governor Lujan Grisham signed several healthcare bills that are expected to positively impact a wide range of New …

Transformational Change: New Mexico PERA Embracing Private Assets to Strengthen Pensions

Santa Fe, New Mexico – The New Mexico Public Employees Retirement Association (PERA) is undergoing a significant transformation, shifting its focus towards private assets to enhance its financial performance and secure the retirement benefits of its members. In a move to diversify its investment portfolio, PERA aims to allocate a larger portion of its assets to private markets such as real estate, private equity, and infrastructure. This strategic shift comes at a time when traditional …