Monte de Piedad workers will receive 100% of the wages accrued during their 364-day strike under an agreement the union and management signed at Mexico’s federal Labour Ministry on Wednesday, September 30, 2026. The institution said its branches would reopen Wednesday, October 7, after a dispute over the collective labour contract affected 302 branches.
Workers’ wages and the contract
The union said management breached the collective labour contract. La Jornada reported eight alleged violations, including the sidelining of joint committees responsible for promotions. Under the agreement, workers will receive all wages accrued during the strike.
The dispute followed an earlier strike settlement. A previous Monte de Piedad strike ended with an agreement in March 2024, and El Financiero reported that breaches of that agreement contributed to the new dispute. The two sides signed a comprehensive ruling drafted by the ministry, whose terms brought the current strike to an end.
Director José Antonio Murillo Garza and union leader Arturo Zayún González announced the strike’s end together in a video for staff. “We reopen the doors of the branches with our clients’ pledged items intact,” Murillo said. Zayún called rebuilding the institution with fresh ideas a “great task.” Reports said workers would return to their posts as branches reopened.
Ministry talks and state intervention
The Labour Ministry, known as the STPS, said it held more than 70 negotiating meetings after the strike began on October 1, 2025. The ministry said progress had been made, though differences remained. After earlier talks stalled, it called the parties back to negotiations on May 2, 2026.
El CEO reported that more than 30 trilateral meetings had produced no agreement by May. On September 30, the union and management signed the ministry-drafted ruling at the ministry’s headquarters. The ministry said it hoped the parties would pursue “lasting” cooperation.
In February 2026, a judge granted the institution an injunction and declared the strike non-existent, El CEO reported, citing the institution. The agreement ending the dispute followed that ruling and the ministry’s negotiations with the parties.
Customers return to the branches
Starting October 7, clients will receive 45 days without interest charges. The institution will discount interest accumulated during the closure case by case, according to each client’s history. The report listed the 45 interest-free days alongside the strike’s duration and the number of affected branches.
Customers must book an appointment online and bring an official voter ID card and their ticket number. Branches are scheduled to open from 8:30 a.m. to 5 p.m. on weekdays and from 9 a.m. to 2 p.m. on Saturdays.
The 302 branches are expected to reopen after the strike. How quickly they can clear a year of backlogged pledges remains unclear. The ministry’s stated hope for lasting cooperation follows an earlier agreement whose breaches, according to El Financiero, contributed to the new dispute.