• 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

Castelló ensures that the Magisterium Fund has no state resources

Posted On 27 Sep 2014

image1“The Fund will not be managed by the Biess because we have no state resources,” said on September 26 Juan José Castelló, Executive President of the Ecuadorian Unemployment Magisterium (FCME for its Spanish acronym). This, in reference to the approved law, on second debate, by the Assembly.

With 87 votes in favor, of 114, the Plenary approved a law that seeks to transfer 54 supplementary private pension and severance funds to the Biess.

Castello said that this law refers to 95% to the funds that will be administered by the Biess because they have state contributions and insisted that the FCME have not received these contributions and that gives them a “breathing space.”

He also noted that the approved law by the Assembly leaves a “very limited” normative for funds that have not received public funds and, according to recent information from the Superintendency of Banks, these would be 11.

About the Author
  • google-share
Previous Story

ENES tests will be taken on Saturday, September 27

Next Story

Adjudication hearing for Mejía students is postponed

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