Niels Olsen clarifies that the residence bonus for assembly members has not increased, it will remain at $1,446
Niels Olsen, President of the National Assembly of Ecuador, clarifies that the residence bonus for assembly members has not increased and will remain at $1,446 as part of a budget reform.
On March 11, 2026, Niels Olsen, the President of the National Assembly of Ecuador, publicly clarified that there has been no increase in the residence bonuses for assembly members, which will remain fixed at $1,446. Prior to his administration, these bonuses were directly linked to the basic salary, meaning they automatically adjusted each year based on salary increases. The decision to maintain the receipt of these bonuses is part of his commitment to fiscal accountability and transparency in the distribution of government funds.
Olsen noted that the recent reform to the regulations governing allowances for travel and subsistence aims to establish a ceiling that prevents future increases in residence subsidies for assembly members. Additionally, he emphasized through his social media channels that there have been no increases in travel and subsistence allowances, which underscores an effort to budget responsibly. Importantly, he stated that assembly members would not receive allowances when sessions are held outside the capital, Quito, as he believes that should not be a burden on state finances.
This announcement comes in the wake of broader discussions regarding government expenditures and the financial responsibilities of elected officials in Ecuador. By setting firm limits on these allowances, Olsen is responding to public concerns about potential misuse of public funds by government officials, reinforcing a message of austerity and responsibility in order to restore public trust in the political system. Such measures could serve as a model for other countries grappling with similar issues of fiscal integrity in governance.