PoliticsNotableSingle-sourceDeveloping
5.2
Ecuadorian Social Security Institute (IESS) faces systemic crisis impacting retiree welfare
ExpresoLO·EC·1 day ago
Thousands of IESS affiliates in Ecuador are failing to reach maximum pension payouts due to systemic calculation errors involving three specific contribution factors. It remains unclear if the IESS will implement a retroactive correction mechanism or compensation for affected retirees.