IESS and Finance form a special commission for the State’s debt with Social Security

As part of the dialogues to define and agree on payment mechanisms for the debt that the State carries with social security, an Inter-institutional Commission was created between the Ecuadorian Social Security Institute (IESS) and the Ministry of Economy and Finance (MEF).

The IESS reported that the commission is made up of representatives of the National Directorate of Financial Management, the Pension System, the General Directorate of Individual and Family Health, plus the MEF delegates.

Government recognizes that pending pension debt to the IESS is $ 1,371 million

The group will have to “purify and audit information on the benefits that have been delivered to IESS beneficiaries, with the aim of formalizing payments through a schedule,” the Institute said in a statement released on February 9.

A statement indicates that the Government transferred $166.8 million to the Insurance in January of this year, for the 40% contribution to the Pension Fund and other items for 2021. Another $532,000 was received from the State for issues of the year 2022.

Likewise, it is mentioned that an additional $1,000 million were included in the General State Budget (PGE) to settle debts from previous years with the IESS. The resources allocated for this year amount to $1,583 million. (I)

Source: Eluniverso

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