Pension arrears will be paid in Ecuador

The Minister of Finance and the Chairman of the Board of the Ecuadorian Social Security Institute (ESSI) established a Roadmap for the payment of 40% of the pensions to meet the amounts overdue to pensioners and retirees. Both officials agreed that the ESSI will assume full payment of the pensions and will recover the 40% corresponding to the State at the end of the year (April of the following year). For more details access this link.