• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
A bacterium protects the lupine from its main threat and would increase grain production in Ecuador
Despite pandemic, air transport of flowers was the second best in eight years
Germany, Ecuador and Ghana concerned about marine plastic pollution
Minister of Government assures that possible links between gangs involved in crimes in Ecuador’s prisons with Mexican and Colombian organizations are being investigated
The judge does not revoke the preventive detention that weighs on Jacobo Bucaram Pulley, but due to a health problem he ordered his house arrest in Guayaquil
Judge dictates preventive detention against three of the 4 detainees in the Isspol case
Low in oil production in Ecuador makes it difficult to take advantage of the so-called ‘super cycle’ of crude prices
Rafael Correa would be behind the riots in the prisons of Ecuador
‘Jorge Chérrez’s companies owe $ 20 million in interest to Isspol’
Ecuador entered the bid for vaccines against covid-19 since July 2020

Superintendency of Banks and Insurance raises a return of funds

Posted On 26 Aug 2014

biess

The Superintendency of Banks and Insurance (SBS for its Spanish acronym) will implement a mechanism for those contributors who want to withdraw their resources from pre visional funds can do it immediately. This was agreed during the meeting held by President Rafael Correa with delegates of the 54 pension funds, in Carondelet, days ago.

“The Superintendency through Resolution 504 stipulated that they had to repay at least 50% of what is saved (the contributor), and the rest at the end (to meet the deadline). At the meeting that was held with the president it was raised the possibility that the refund be immediate.Maybe with a penalty or without performance. We are analyzing it and we will do it (…), we will implement it in the coming days, “announced on August 25 Superintendent Pedro Solines, in a radio interview.

Juan José Castelló, President of the Ecuadorian Teacher´s Staff Unemployment Fund (FCME for its Spanish acronym), requested to the Commission of the Assembly Workers to “entirely rework” a new draft of Reformatory Law of the Ecuadorian Institute of Social Security and the Bank of the Ecuadorian Institute of Social Security (Biess), where it is proposed  the transfer of these funds to Biess .

This, after the four conditions stated by Correa, in his last weekly address, so that these savings are considered private. These are: return the money to the State if they have employer contributions; that the voluntary contributions be private; that contributors may voluntarily withdraw their money and file a petition of 50% + 1 of the participants, requesting the fund to be private.

About the Author
  • google-share
Previous Story

American reporter Peter Theo Curtis was freed in Syria

Next Story

Media representatives came together to discuss with the CPC their employment status

SEARCH

LATEST NEWS

A bacterium protects the lupine from its main threat and would increase grain production in Ecuador

Posted On 26 Feb 2021

Despite pandemic, air transport of flowers was the second best in eight years

Posted On 26 Feb 2021

Germany, Ecuador and Ghana concerned about marine plastic pollution

Posted On 26 Feb 2021
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net