Rewritten Title:
Government Approves Landmark Funding Package for Social Security, Paving Way for Pension Increases
In a significant move to bolster the national social safety net, the Iranian government has enacted a major financial resolution to support the Social Security Organization, directly impacting the payment of pension increases.
Final Phase of Pension Adjustments Commences
The Social Security Organization has announced that the process of paying the annual salary adjustment arrears and increases for the month of Farvardin 1404 (March-April 2025) for the remaining group of retirees and pensioners is now underway. This final phase, which began on Monday, Mehr 21 (October 13, 2024), is being processed gradually and continuously through agent banks, organized alphabetically.
This disbursement applies to retirees and pensioners whose total monthly income exceeds twenty million tomans. Earlier phases successfully covered those with incomes up to twenty million tomans, as well as all disabled individuals and survivors.
Landmark Financial Backing from the Government
The payments are facilitated by a landmark resolution from the Supreme Council of Economic Coordination of the Heads of Branches of Power. The Council approved a substantial financial package worth 185 thousand billion tomans to settle government obligations to the Social Security Organization.
This package is structured as 70 thousand billion tomans in Islamic financial bonds and 115 thousand billion tomans in shares and assets. Once this resolution is formally communicated and the credit is allocated, the liquidity generated from the bonds will be used to pay the claims of affiliated academic and non-academic medical centers.
Legislative Reforms to Strengthen the System
Concurrently, proactive steps are being taken in the Islamic Consultative Assembly (Parliament) to ensure the long-term health and efficiency of the Social Security Organization. During a recent session of the Parliament’s Social Commission, the Managing Director of the Social Security Organization presented seven key reform proposals.
These proposals, discussed with the aim of safeguarding the organization’s resources and refining its procedures, include:
- Mechanisms to compensate for government debts.
- Expanding insurance coverage for workers, carpet weavers, and artists.
- Reforms concerning arduous and harmful jobs.
- Proposals for calculating retirement age.
- The legal return of the Bank of Workers’ Welfare to the organization to serve as its financial arm.
Mustafa Salari, the Managing Director, emphasized that these reforms are designed to return the organization to its core legal missions, prevent improper payments, and ensure its sustainability for future generations. He expressed gratitude for the Parliament’s cooperation in this vital national endeavor.
Official Channels for Information
The Public Relations Department of the Social Security Organization reiterates that the sole official source for news and announcements is the General Department of Public Relations. Pensioners are advised to follow updates via the official website (Tamin.ir) or the organization’s unified social media channels under the handle Tamin_Media. For inquiries, the 24/7 response system is available by dialing 1420 from anywhere in the country.