SWFI First Read, November 16, 2015
Posted on 11/16/2015
PRESSURE: PEMEX Scraps DB for DC Mexico-based PEMEX, the massive state-owned oil company, is near closing its defined benefit plan to new employees. PEMEX is one of Mexico’s largest employers and has been struggling due to the low price of oil and decreased country production. PEMEX has around US$ 90 billion in pension liabilities. PEMEX […]
