Title: Social Security Retirees to Receive Farvardin Salary Adjustments Starting Tomorrow
Long-Awaited Payments Finally Approved
After more than five months of delays, Social Security retirees will soon receive their overdue salary adjustments for Farvardin (March 2024). Ahmad Meydari, the Minister of Cooperatives, Labor, and Social Welfare, confirmed that the payments will be deposited alongside August salaries in the final days of the month (August 29–31, 2024).
Payment Schedule and Details
Under the Social Security Organization’s new policy, retirees receive their monthly pensions in the last three days of each month. Accordingly:
- Government retirees will receive their August salaries on August 30.
- Military retirees will receive theirs on August 31.
- Social Security retirees will receive both their August salary and the Farvardin adjustment between August 29–31.
How Much Will Retirees Receive?
Labor activists estimate the adjustment amount to be between 3 to 4 million tomans, depending on insurance records and pension levels. This increase, mandated by the 2024 salary adjustment law, was delayed due to financial constraints earlier this year.
Delays and Growing Frustration
Despite repeated government promises since April, budget deficits and liquidity issues at the Social Security Organization postponed the payments, sparking protests from retirees and labor groups. One retiree shared:
“We’ve waited three months for this 3–4 million tomans while living costs keep rising. Even buying medicine forces us to dip into savings or take loans. We hope this time the minister’s promise is kept.”
Government Assurances and Remaining Concerns
Minister Meydari emphasized that funding has been secured and necessary coordination with the Budget and Planning Organization completed:
“Our goal is to alleviate some inflationary pressures on retirees and fulfill legal obligations.”
However, as of this report, the Social Security Organization has yet to issue an official statement or upload updated pay slips. Informed sources confirm the payments will proceed as scheduled, with an official announcement expected soon.
Broader Economic Pressures on Retirees
With soaring costs in healthcare, rent, utilities, and essentials, this adjustment—though significant—only partially eases financial strain. Experts warn that further delays would worsen living conditions for this vulnerable group.
Retirees continue to demand:
- Full pension equalization.
- Timely payment of living allowances.
- Clear schedules for all pending payments.
Looking Ahead
While this adjustment provides temporary relief, sustainable solutions require stable funding and full implementation of legal commitments to retirees. The government’s ability to meet these obligations remains critical in ensuring long-term financial security for pensioners.
Updates will follow once official confirmation is released.
