• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Ecuador chairs the Ibero-American Summit for the first time
In Ecuador, the consumption of chicken meat increased by 3.14% in 2022
Gustavo Manrique spoke about conservation, protection and access to water at the United Nations
Who is ‘Chito’ Vera, the best Ecuadorian fighter in the UFC
Gustavo Petro’s total peace policy takes its toll on Ecuador
A seal opens markets to seven products from Ecuador
‘Outsourced’ drug trafficking increases violence in Ecuador
Lenín Moreno declares himself defenseless, after a court ruling
Earthquake: Android and Google alert worked in Ecuador
The accusations between Lasso and Fernández continue

Amendments to the Social Security and IESS Bank law expect the executive veto

Posted On 30 Sep 2014

comision-de-trabajadoresThe draft amendments to the Social Security and IESS Bank law since Monday is in the hands of President Rafael Correa, who will totally or partially veto the law within 30 days, to then deliver the project to the Assembly.

The document was approved last week and points out that closed supplementary pension funds “that have received state support in origin or in any form will be administered by the IESS through its bank, through individual accounts. Their management will be subjected to safety, transparency, solvency, efficiency, and profitability principles, and to the controls and regulations of the relevant entities”.

Furthermore, it adds “that the Political, Monetary Regulation and Finance Board and the Ministry of Labour Relations in the scope of its powers, will issue regulations that apply to ensure the rights acquired by pensioners of pension complementary closed funds that manage or have managed retirement funds established in the Labor Code”.

About the Author
  • google-share
Previous Story

The need for a query is evaluated for Rural Land Law

Next Story

Monetary Regulatory Board will take final decision on 0.5% tax on loans

SEARCH

LATEST NEWS

Ecuador chairs the Ibero-American Summit for the first time

Posted On 27 Mar 2023

In Ecuador, the consumption of chicken meat increased by 3.14% in 2022

Posted On 27 Mar 2023

Gustavo Manrique spoke about conservation, protection and access to water at the United Nations

Posted On 24 Mar 2023
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net