Title: Major Financial Support Package for Iranian Retirees Kicks Off This Week
In a significant move to bolster the economic well-being of its retired community, a series of crucial payments from Iran’s Social Security Organization are set to be deposited into pensioners’ accounts this week. This coordinated financial initiative addresses key areas of support, including loan facilities, child benefits, and the clearance of outstanding dues.
Key Payment Schedule
The disbursements are scheduled across two pivotal dates, offering a substantial financial boost to eligible retirees and pensioners.
- October 4th: A new round of 20 million Tomans in interest-free loans for retirees.
- October 6th: The payment of child benefits, alongside the third installment of outstanding pension adjustments for retirees with pensions exceeding 20 million Tomans.
Interest-Free Loan Disbursement (October 4th)
The Retirees’ Union has announced that a new wave of 20 million Toman loans will be deposited for eligible retirees who have registered via the union’s online portal. This financial facility is designed for accessibility, requiring no guarantor and only a deposit in the Bank Refah Kargaran. Repayment is structured over 36 months with a 4% service charge.
To streamline the process and prevent unnecessary travel, especially for elderly retirees, the names of beneficiaries in this round will be notified via SMS. Officials have emphasized that the entire process is fully remote.
Child Benefit & Back-Pay Installment (October 6th)
In line with its legal commitments to support families, the Social Security Organization will deposit the child benefit allowance on October 6th. This statutory benefit is allocated to retirees who have dependent children under 18, or full-time student children under their guardianship. The amount is calculated based on the current year’s minimum wage as approved by the Supreme Labor Council.
Simultaneously, the organization will settle the third and final installment of pension adjustments that have been outstanding since the beginning of the current Iranian year (starting March 2024). This payment specifically targets retirees with higher pensions (above 20 million Tomans) and survivors of pensioners who were awaiting this balance. Expert estimates place the value of this back-pay installment at approximately 3 to 4 million Tomans per individual.
A Timely Economic Boost
This concentrated package of payments is expected to have a tangible impact on the livelihood of retirees, many of whom have faced economic pressures. The timely disbursement of these funds is seen as a critical step in enhancing the purchasing power and providing greater financial stability for this segment of the population. The accessible, no-guarantor loan, in particular, is poised to help address immediate financial needs.
How to Follow Up
Retirees can check the status of their payments through the following official channels:
- The Social Security Organization’s non-attendance services portal:
es.tamin.ir - The “Tamin Man” mobile application for viewing pay slips and benefits.
- Local branches of the Social Security Organization for more detailed information.
- Official news from the Telegram channel and Instagram page of Tamin_Media.
The Social Security Organization has reaffirmed its commitment to clearing all outstanding dues by the end of the current autumn season, signaling a continued focus on resolving pensioners’ financial concerns.
