Title: Retirees’ Back Payments Settled & Child Loan Limit Doubles to 60 Million – Key Government Updates
Transparency & Efficiency: National Pension Fund Launches Property Registry System
In a move to enhance transparency, Hojjatollah Mirzaei, head of Iran’s National Pension Fund, announced the launch of a comprehensive real estate registry system. The platform ensures full visibility into property records—including size, value, legal disputes, and maintenance costs—for all stakeholders, including pensioners, contributors, and regulatory bodies.
So far, data from over 2,050 properties owned by the fund and its subsidiaries has been uploaded, streamlining oversight and accountability.
Strengthening Ties with Parliament & Serving Pensioners
Mirzaei emphasized the fund’s strong collaboration with the Islamic Consultative Assembly (Majlis), noting that 120 MPs have engaged directly with the fund’s leadership. He dismissed rumors as distractions, reaffirming the fund’s mission: “Our duty is to serve pensioners and safeguard their rights, regardless of tenure.”
Key Financial Developments
Back Payments Cleared
- All government retiree pensions were settled by June 21, including 14 trillion IRR in delayed payments for cultural sector retirees from 2021.
Loan Limit Doubled for Children of Retirees
- The child loan ceiling has risen from 30 million to 60 million IRR, with 2 trillion IRR allocated for disbursement.
- The Export Bank will manage payments via a staggered lottery system from August through December, with remaining applicants covered next year.
Emergency Loans Finalized
- 550,000 eligible applicants (of 850,000) were approved for 50 million IRR emergency loans, with 300,000 selected via lottery.
Expanding Elderly Care Services
A new community-based elderly care initiative will centralize health and social services for retirees through schools and medical centers, staffed by physicians, social workers, and supplemental insurance representatives.
Final Note: The National Pension Fund remains committed to efficiency, transparency, and responsive governance, ensuring retirees and their families receive timely support.
(All figures and policies reflect official announcements from the National Pension Fund.)