Commission acquiesced to veto of the law that transfers pension funds to the Biess

The Committee on Rights of Workers received yesterday the two observations made by the Executive power to the Reform Act that seeks to transfer 54 funds to the Bank of the Ecuadorian Institute of Social Security (Biess). The main objection made by the President concerns the...

Second debate for pension funds is held Today

The debate on the second report of the Worker Rights Committee on pension funds is held today in the National Assembly. The initiative states that these funds should be administered by the Bank of the Ecuadorian Institute of Social Security (Biess for its Spanish acronym). Byron...

Transfer of funds to Biess is being processed

The Superintendency of Banks will carry out audits in the next six months to 54 pension funds to define the state percentage (employer) and the private (participants) of each, and thus determine the amount that would go to the Bank of the Ecuadorian Institute of Social Security...

Alianza País proposes to transfer 54 private funds to the Biess

Assemblymen of Alianza País proposed that 54 savings funds pass into the hands of the Bank of the Ecuadorian Institute of Social Security (Biess for its Spanish acronym), since, according to them, these will be well managed there. This reform was argued highlighting the lack of...

Biess mortgage credits will have their office in Guayaquil

Since July, the mortgage loans for housing of the Biess (Bank of the Ecuadorian Institute of Social Security) could be processed in the offices of Guayaquil, said Eduardo Moreno, manager of the entity. The credits are currently managed in Quito, the document´s reception and the...