Rewritten Title:
Labor Minister Announces Pension Increase: Back Payments and August Salaries to Be Disbursed
Rewritten Article:
Pension Boost for Retirees Confirmed
In a significant announcement, Ahmad Meydari, Iran’s Minister of Cooperatives, Labor, and Social Welfare, has confirmed an upcoming increase in pensions for Social Security Organization retirees. The minister stated that the previously unpaid salary adjustments from March will now be disbursed alongside August pensions.
Financial Relief for Retirees
According to Meydari, the retroactive payment—ranging between 3 to 4 million tomans per retiree—is part of the annual salary adjustments for the year 2024. This additional payment aims to alleviate some of the financial pressures faced by retirees amid rising living costs.
A Step Toward Pension Harmonization
Meydari emphasized that this increase aligns with broader efforts to standardize pensions, ensuring retirees’ incomes better reflect real-world expenses. While the move has been welcomed as a positive step, experts note that structural reforms in the pension system remain necessary to fully address retirees’ economic challenges, particularly given high inflation rates and growing living costs.
The government’s decision underscores its commitment to supporting retirees, with further measures expected to enhance social welfare programs in the future.
