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Retirees will also be able to accumulate the annual bonuses
Posted On 30 Apr 2015
432 000 retirees of the Ecuadorian Institute of Social Security (IESS) will be able to receive the monthly payment of their annual bonuses, like workers of the public and private sector. This was provided by the new Law of Labour Justice and Recognition to Household Labor.
Applications will be received by the IESS from May 1st to May 20, but according to Richard Espinosa, president of the Board of the entity, they are working right now on an electronic system to streamline the process. The format can be downloaded from the website of the institution (http://www.iess.gob.ec), which will be later delivered to the headquarters of the entity.