Iranian Pension Funds Announce Staged Payment Schedule for October
Tehran – Iran’s Social Security Organization has released the detailed payment schedule for October pension disbursements, a move aimed at bringing greater order and efficiency to the nation’s financial systems. The plan outlines a phased distribution of both regular pensions and outstanding arrears.
October Payment Schedule
According to the newly announced schedule, October pensions for different groups of retirees will be deposited between the 28th and the 31st of the month. The breakdown is as follows:
- Social Security Retirees: October 29, 30, and 31
- State Retirees: October 30
- Military Retirees: October 31
Authorities have stated that this structured approach is designed to reduce pressure on the banking infrastructure and streamline the payment process for millions of beneficiaries.
Clearing Outstanding Arrears
The announcement also addresses the ongoing process of clearing pension arrears. A senior official from the Kermanshah Social Security department indicated that the third and final phase of payments for back-dated dues is slated for completion by mid-October.
The organization has previously explained that the phased payment of arrears is a strategic measure for managing financial resources and maintaining stability within its payment systems. The commitment remains to settle all outstanding payments in full by the end of the autumn season.
Financial Context and Demographic Data
The pension system operates within a defined national budget framework. For 2024, the minimum pension for retirees with 30 years of service has been set at 11.7 million tomans, while those with less service receive 5.85 million tomans.
Recent statistics from the State Pension Fund provide a demographic snapshot of the system’s recipients. As of late spring 2024, the fund supports approximately 1.76 million individuals, with the majority (81%) being retirees. The data also reveals a 2.5% year-over-year increase in the number of beneficiaries, highlighting the growing importance of effective financial management to ensure the long-term sustainability of the pension funds.
Accessing Payment Information
Pensioners can check the status of their regular payments and any arrears through the official online portal at es.tamin.ir or via the dedicated “Tamin Man” mobile application.
