Raid in the Severance Fund´s seat

David Rosero, a member of the Council for Citizen Participation (CPC), and four other people were arrested for impeding the entry of IESS officials to the seat of the Ecuadorian Teacher´s Severance Fund (FCME) in Ibarra. The fact occurred Monday afternoon when FCME teachers...

Biess takes control of the Ecuadorian teachers unemployment fund

The Ecuadorian Teachers Unemployment Fund (FCME for its Spanish acronym) will be controlled by the Bank of the Ecuadorian Institute of Social Security (BIESS), this was notified in writing by the Superintendent of Banks, Christian Cruz. This resolution will take effect due to the...

FCME affiliates will ask their money back if it is transferred to Biess

Several affiliate members of the Severance Fund of the Ecuadorian Teacher´s Staff (FCME for its Spanish acronym) have updated their savings books and checked how much money they have in their bank accounts. “We have 400 customers a day. It’s a high number because the...