Title: Iran’s Bank Saderat Doubles Loan Limits for Retirees’ Children – Key Reforms Announced
Transparency & Efficiency: New Property System Launched
In a move to enhance transparency, Hojatollah Mirzaei, head of Iran’s Civil Servants Pension Fund, announced the launch of a comprehensive real estate registry system. This platform will provide detailed records—including property size, value, legal history, and maintenance costs—for over 2,050 units managed by the fund. The system aims to ensure accountability for beneficiaries, retirees, and regulatory bodies.
Combatting Misinformation & Strengthening Governance
Addressing rumors and misinformation, Mirzaei emphasized the fund’s commitment to public service, stating, “Our duty is to serve the people, especially retirees, regardless of tenure.” He highlighted strong cooperation with parliamentary representatives, noting that 120 MPs have engaged constructively with the fund, fostering positive collaboration.
Pension Reforms & Financial Support
The fund has fully settled pension payments up to June 20, 2025, and cleared 14 trillion rials in overdue payments for retired educators from 2021. Additionally, a new “Neighborhood Services Plan” will centralize elderly care through schools and health centers, offering medical, social work, and insurance support.
Expanded Loan Benefits for Retirees’ Families
In a major update, Bank Saderat has doubled loan limits for retirees’ children—from 30 million to 60 million tomans—with 200 billion tomans allocated for disbursement. The loans will be distributed via a phased lottery system from August 2025, with remaining applicants receiving funds next year.
Mirzaei also confirmed the approval of 50-million-toman emergency loans, with 300,000 eligible retirees selected from 550,000 qualified applicants.
Source: Intitar
