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Government still owes about $ 600 million to retirees
Posted On 31 Aug 2018
Ecuadornews:
Public servants under the age of 70, with a permanent appointment, will continue to receive compensation for their retirement, once the government repealed a ministerial agreement of the previous regime and issued a new one at a ceremony held at the Carondelet Palace, where they attended retired unions.
The reform came into effect since yesterday and allows these servers to receive government bonds (which contemplate an interest rate) to be exchanged for cash when they turn 70.
According to the Minister of Labor, Raúl Ledesma, the previous agreement established that minors under 70 could retire, but that if the State did not have the funds they lost the compensation.
President Lenin Moreno explained that from a debt of the initial State for retirement incentive of $ 1,250 million, have already paid $ 626 million to about 12,000 retirees.
In addition, he indicated that between August and December of this year $ 100 million would be paid to 1,839 beneficiaries.
The funds for the pending payments, according to Ledesma, would come from the optimization of the State and the economic measures.
The secretary of state explained that each ministry will review retirement requests. This means that they are validated and sent to the Ministry of Labor to verify if each meets the requirements of the law (for example, that there be a minimum of 60 contributions).
The official added that the retirements so far had been canceled in cash and that the new option of the bonds will be voluntary, which would allow faster transfers.
However, this state debt still remains with about 12,000 retirees. How and when will that money be paid? Ledesma responded that the ministerial agreement establishes that each ministry must plan the funds of its budget and request the respective certification.
Jaime Ruiz, coordinator of the retired teachers of Pichincha, said that they are not satisfied, because to allocate only $ 100 million in 2018 does not cover the hopes of their peers to access their money. “At our age, receiving bonuses for 5, 10 years is impossible, we are no longer waiting for 4, 5 more years. Most, 80% are sick, “said Ruiz.
Therefore, next Tuesday, September 11 will make a sit-in outside the Ministry of Economy, in order to demand that the Government will cancel with cash, said the trade union leader.
The guidelines are of obligatory application for the dependencies of the Executive, Legislative, Judicial, Indigenous, Electoral, Transparency, Procurator, Constitutional Court (CC), decentralized autonomous regime entities and special regimes.
Other debts accumulated
Suppliers
The debt that the State maintains with suppliers is not yet accounted for, said President Lenin Moreno.
Goods and services
“Many people who delivered products, services to the State and to which they were told not to make the invoice until we have the money,” he said in reference to the previous government. (I)
