IESS will lack liquidity this year to pay pensions, according to report

According to the report IESS-DSP-2015-001 of the Directorate of Pensions System of  January 20, the Ecuadorian Institute of Social Security (IESS) will have a deficit of USD 339.1 million this year to cover pensions and other benefits of 432 780 retirees, which could require the...