Title: Landmark Financial Support: 50 Million Tomans in Interest-Free Loans Deposited for Retirees
Introduction
In a significant move to bolster the economic security of its retired community, a major phase of a substantial financial aid package was executed today. This initiative, managed by the Social Security Organization, underscores a continuing commitment to the welfare of pensioners.
Loan Disbursement in Full Swing
The second and final tranche of a 50 million Toman interest-free loan was deposited into the accounts of 20,000 eligible retirees today. This follows last week’s successful disbursement to an initial group of 20,000 pensioners. The funds are part of a targeted program designed to provide essential financial support to retirees under the coverage of the Social Security Organization, with 40,000 pre-qualified individuals benefiting in this round.
Ali Akbar Eivazi, Secretary of the Tehran Retirees Association, confirmed the completion of this phase, highlighting the organized and timely nature of the distribution process.
Future Registration and Pending Payments
Prospective applicants for future loan phases are advised to await official announcements. Eivazi emphasized that the schedule for subsequent registration periods will be communicated through official channels in due course.
In related financial matters, the issue of outstanding payments from the previous Iranian calendar year for a specific group of retirees—non-minimum wage earners with pensions above 20 million Tomans—was also addressed. While these payments were scheduled following the disbursement of September salaries, Eivazi provided reassurance, stating, “It is anticipated that these arrears will be deposited into their accounts in the coming days, in accordance with the planned schedule.”
At a Glance
- Loan Amount: 50 Million Tomans (Interest-Free)
- Beneficiaries in this Phase: 20,000 Retirees
- Disbursement Date: Today, corresponding to the 13th of Mehr
- Status of Previous Arrears: Awaiting deposit; anticipated in the near future.