Rewritten Title:
Social Security Authority Updates Pension Payment Schedule – Key Details for Retirees
New Payment Schedule for Retirees Announced
The Social Security Retirement Authority has introduced changes to the pension payment schedule, shifting disbursements to the final three days of each month. Previously, payments began on the 20th of each month, but starting this year, retirees will receive their pensions on the 29th, 30th, and 31st. Officials state this adjustment aims to streamline banking coordination and expedite transactions.
Commitments to Retirees: Progress and Challenges
Mohammad Asadi, head of the Supreme Council of Social Security Retirees, highlighted ongoing efforts to improve retirees’ livelihoods through initiatives like the Omid Refah (Welfare Hope) fund, established in collaboration with Bank Refah and partner stores. He acknowledged the initial success of a planned payment structure, including adjusted pensions and backlogs, which was partially implemented before economic disruptions caused delays.
While the first phase of payments was completed on schedule, unforeseen economic challenges later in the year led to temporary resource imbalances, affecting the second phase of commitments.
August Pension Disbursement: What to Expect
- Social Security Retirees: Payments will be issued on August 29, 30, and 31.
- Civil Service Retirees: August 30.
- Military Retirees: August 31.
Backlog Payments to Be Cleared
In a positive development, retirees will also receive a portion of their overdue payments alongside their August pensions. Authorities confirmed that funds have been allocated to settle pending adjustments from 2021, particularly for retired teachers.
Retiree Concerns Addressed
Despite these assurances, some retirees have expressed frustration over delays in backlog payments from earlier in the year. Officials emphasize ongoing efforts to resolve these issues and ensure full compliance with financial obligations.
Looking Ahead
The revised payment system is designed to enhance efficiency, though retirees are advised to plan accordingly for the adjusted schedule. Authorities reaffirm their commitment to supporting retirees through structured financial policies and timely disbursements.
Note: All updates align with the Social Security Retirement Authority’s directives to ensure retirees receive their entitlements without disruption.
