Pemex Defined Pension Liabilities Shrunk in 2018

Posted on 05/20/2019

The Pemex pension funds are sizable in nature. As of December 31, 2018, Petróleos Mexicanos (Pemex) and its subsidiaries funded its employees benefits through Mexican trusts, the resources of which come from the retirement line item of Pemex’s annual budget (an operating expense), or any other line item that substitutes or relates to this line […]