IESS has funds to pay unemployment, but needs government to honor its contribution for other benefits

Published on September 08, 2020
Between April and August of this year, the Ecuadorian Social Security Institute (IESS) disbursed $22,507,769 for unemployment insurance that benefited 34,154 Ecuadorians who lost their jobs during the health emergency. Carlos Luis Tamayo, General Director of the IESS, told the Workers’ Rights Commission of the National Assembly last week that the IESS has budgeted $90 million for the […]

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