Sustainability proposal for the fund of the Ecuadorian Institute of Social Security (IESS)

Abstract:

The IESS has been host to sufficient cash for its normal operation due to a State contribution; however, the fixed contribution of 40 % to the Pension Fund was canceled, and was replaced by a guarantee provision of resources. A dynamic simulation model was built and when evaluating the results obtained, it was determined that the funds of the IESS will end in 2026, being the Pension Fund and the Health Fund are still the most affected funds.

Año de publicación:

2018

Keywords:

• Health Fund
• Social Security System
• Pension Fund
• System dynamics

Fuente:

scopus