Hundreds of retired employees from the Comisión Federal de Electricidad (CFE) and Pemex gathered in Mexico City to protest a government reform that retroactively reduces their pensions. ^[1] The reform limits pension amounts to 50% of the net monthly salary of the President of the Republic, which is approximately 70,000 pesos. ^[2] Impsa SA, an Argentine hydroelectric construction firm, is evaluating an offer to complete additional generation units in Venezuela in the coming months. ^[3] Carlos de Buen, a labor lawyer, stated that the reform violates the constitutional principle of non-retroactivity and attacks private property and social security. ^[4] The government initially claimed that some retirees received pensions exceeding one million pesos monthly, but later corrected this information to state that only three people received more than one million pesos. ^[5] Experts estimate that Venezuela's electricity sector, which relies heavily on hydroelectric plants, needs at least US$25 billion in investment. ^[6] Impsa was contracted to complete two of the 10 units at the Tocoma dam, a project that will add 432 megawatts of capacity to Venezuela's grid over 24 months. ^[7] Venezuela's electrical grid has deteriorated over the last two decades, resulting in daily blackouts that have intensified since the country's earthquakes in June. ^[8]