Daily coverage from across the country, written for the expat community
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Quito woke up without bus service on May 5 as operators cut hours to protest the end of diesel subsidies. The city handles 2 million transit trips daily, and 1.5 million of them depend on these buses.
Average salary expectations have dropped 2.66% this quarter to $818, while the basic food basket costs $829. Here's what the gap means for Ecuador's economy and the expat cost-of-living picture.
Your IESS pension isn't based on your last salary or years of service alone — it's calculated from the average of your five highest-earning years. If your employer has been under-reporting your salary, you won't find out until retirement. Here's how the formula works.
The math: 30 years of contributions at minimum wage gets you $361/month. Forty years gets you the full $482. IESS uses your five best earning years, not your last salary. Here's the complete breakdown.
Municipal employees across at least 15 cantons in Loja province are owed between two and four months of back pay. The crisis affects services in the Vilcabamba valley, where road maintenance and building permits are delayed.
