Background on the Instituto Federal de Telecomunicaciones (IFT)
The Instituto Federal de Telecomunicaciones (IFT) is a Mexican autonomous body responsible for regulating telecommunications and broadcasting in the country. With its impending extinction, the IFT has approved a severance package plan for approximately 1,200 employees who will lose their jobs.
Two Types of Severance Packages
The severance package plan consists of two types, catering to different categories of employees:
- Type 1: Stable Public Servants – Employees with job security within the IFT’s professional service will receive severance based on their last salary level, including base salary, guaranteed compensation, grocery assistance, and quinquennial bonus. This amount will be calculated according to a monthly gross income table for the 2025 fiscal year.
- Type 2: Non-Stable Public Servants – Employees without job security will receive severance proportional to their accrued vacation pay and Christmas bonus.
Both categories of employees will receive a single payment via credit title upon signing the legal agreement for this situation. Taxes and any obligations to public institutions, social security, or third parties will be deducted at this time.
Severance Timing and Claudia Sheinbaum’s Involvement
The termination of the employment relationship between IFT and its public servants will occur on the date of the IFT’s extinction, expected when the Comisión Reguladora de Telecomunicaciones (CRT) begins its activities.
Mexico City’s President Claudia Sheinbaum announced on Monday that she would submit her proposal of five candidates for the full commissioner positions in the CRT to the Senate this week. The CRT will then determine candidate suitability, leading to its establishment and the IFT’s extinction.
Key Questions and Answers
- What is the IFT? The Instituto Federal de Telecomunicaciones (IFT) is Mexico’s autonomous telecommunications and broadcasting regulatory body.
- Why is the IFT being extinct? The IFT’s responsibilities will be transferred to the newly formed Comisión Reguladora de Telecomunicaciones (CRT).
- How many employees are affected by the IFT’s extinction? Approximately 1,200 IFT employees will lose their jobs following the regulator’s extinction.
- What are the severance package details?
- Stable public servants will receive three months’ salary plus 20 days for each year of service.
- Non-stable public servants will receive proportional vacation pay and Christmas bonus.
- When will the severance payments be made? Severance payments will be made through a single credit title upon signing the legal agreement.
- What deductions will apply to severance payments? Applicable taxes and any obligations to public institutions, social security, or third parties will be deducted from severance payments.
