Title: Government Advances Financial Plan to Settle Remaining Pension Adjustments
Introduction
In a significant move to address outstanding financial obligations, the Iranian government has announced a comprehensive plan to expedite the payment of pension adjustments for Social Security retirees. Officials have confirmed that the majority of payments have been processed, with a clear timeline established for the remaining beneficiaries.
Progress on Payment Disbursements
According to statements from Mohammad Zareh Chahooki, the payment of adjustments for the Persian month of Farvardin (March-April) for minimum-wage retirees was completed in early September. Furthermore, outstanding payments for deceased retirees’ beneficiaries were transferred alongside their September pensions. The official clarified that the only remaining adjustments are for a specific group of retirees—approximately 30 percent—who receive a monthly pension above a certain threshold.
Clear Timeline for Remaining Payments
A detailed schedule is now in place to settle these remaining dues. Payments for a segment of this group, categorized alphabetically, were processed between mid-October and the end of the month. Authorities have expressed confidence that with the necessary funding secured, the remaining adjustments for this group will be settled by mid-November.
Government-Backed Financial Initiative
Highlighting the government’s commitment, Mr. Zareh Chahooki pointed to a major financial initiative designed to resolve these obligations. The government plans to issue bonds worth 70 trillion tomans to provide the necessary credit to the Social Security Organization. This allocation is intended to cover outstanding payments to both retirees and healthcare centers, ensuring that all dues are settled in a timely manner.
Addressing Supplementary Insurance
In parallel developments, officials have addressed concerns regarding supplementary health insurance premiums. It was announced that outstanding debts to the supplementary insurance provider for retirees will be settled in the coming week. This action follows a resolution by the heads of the three branches of government to allocate funds from government debts to the Social Security fund, specifically for healthcare-related expenses. The Managing Director of the Social Security Organization, Mostafa Salari, has previously emphasized that the organization’s debts to retirees, medical centers, and insurance companies will be cleared following the transfer of government funds.