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The correísmo cost $ 9.239 million to the IESS

Posted On 09 Apr 2019

Ecuadornews:

The political and little technical view of the previous government in the Ecuadorian Institute of Social Security (IESS) created a financial gap for which there is still no solution.

Not only were they acts of corruption. The political and little technical view of the previous government in the Ecuadorian Institute of Social Security (IESS) created a financial gap for which there is still no solution. According to the estimates of the same entity, the footprint of former President Rafael Correa caused a loss of resources of 9,239 million dollars only in the Disability, Old Age and Death Fund. That is to say, the millionaire affectation went directly to the money destined to the attention of the retirees.

EXPRESO agreed to Social Security studies and confirmed that this value is derived from the application of resolutions promoted by the delegate of former President Correa to the institution. The most serious case was the elimination of 40% of the state contribution to pensions.

Between 2015 and 2018, by decision of Correa and his then delegate Richard Espinosa, that government contribution was withdrawn. The contribution was restored, but the decision taken during the government of President Lenin Moreno was not retroactive. The contribution of 2015, 2016, 2017 and part of 2018 only disappeared.

The next blow to the stability of the IESS occurred on November 13, 2015. Espinosa ordered, despite opposition from the entity’s board of directors, the change in the distribution of resources within the insurance. In resolution 501, it allocated more funds for health, but subtracted the income for the care of retirees. With the operation, questioned to the present, the emergency was ‘patched’ in the medical attentions, but the pocket was ‘perforated’ to care for the elderly.

According to the board member of the Insurance Board, on behalf of the employers, Felipe Pezo, the issuance of resolution 501 was political and without a technical support justifying the modification of the distribution of resources. He voted against that and other correístas norms.

In 2009, for example, Resolution 261 of the Insurance also changed the allocation of funds in the institution. At that time, Correa’s delegate was the now fugitive ex-leader of the Avanza political party, Ramiro González.

Paúl Granda, president of the IESS board and Moreno’s representative, announced a National Grand Dialogue to find solutions to the current problem. That the IESS has stopped receiving 9.239 million represents an economic mess that compromises in the short term the sustainability of the entity.

This newspaper published, last week, the alternatives that are also prepared by the National Assembly to prevent Social Security from breaking down in a few years.

Money

The IESS distributes income for Old Age, Health and Occupational Risk funds. The first have flaws.

Budget

On average, the expenses of the IESS average $ 5,000 million per year. The affectation is almost double.

Comptroller

The Office of the Comptroller General determined that Alianza PAÍS also took resources from the IESS for its expenses. (I)

Source: https://www.expreso.ec/actualidad/correismo-costo-millones-iess-BE2745982

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