Title: Social Security Organization Commences Long-Awaited Pension Adjustments
Following a five-month administrative period, Iran’s Social Security Organization has initiated the disbursement of adjusted pension payments for the month of Farvardin (March-April). This significant financial action, which began on September 2, 2024, is set to provide crucial support to millions of pensioners across the nation.
A Phased Disbursement Plan
The organization has implemented a meticulously planned, three-phase schedule to ensure the orderly distribution of funds:
Phase One (Completed): This initial stage targeted retirees with monthly pensions up to 20 million tomans and all recipients of disability benefits. This group has received payments ranging between 3 to 4 million tomans.
Phase Two (Scheduled): Concurrently with the payment of Shahrivar (August-September) pensions, the outstanding adjustments for all beneficiaries’ survivors will be deposited. This is slated for September 19-21, 2024.
Phase Three (Final Stage): Following the completion of Phase Two, the remaining pensioners under the Social Security umbrella will receive their adjusted payments.
The Social Security Organization has publicly committed to finalizing all payments related to the Farvardin salary adjustment by the end of the Iranian month of Shahrivar (September 21, 2024).
Fulfilling a Key Commitment
These payments represent the fulfillment of the government’s policy to adjust pensions in line with economic conditions. The timely execution of this disbursement plan is a positive development aimed at enhancing the welfare of retirees and providing tangible economic support. The structured rollout is designed to efficiently manage the large-scale transaction and ensure all eligible citizens receive their entitlements.
Assurance for All Pensioners
The Social Security Organization has provided firm assurances that no eligible retiree will be excluded from receiving these adjustments. The organization has emphasized that all stages of the payment process will adhere strictly to the announced timeline. This measure underscores the state’s ongoing commitment to safeguarding the financial security of its retired citizens.
