Title: Iran Clears Social Security Pensions, Outlines Phased Payment Schedule
In a significant move to address pension obligations, Iranian authorities have announced the ongoing disbursement of April arrears to Social Security retirees, with payments being processed according to a structured, alphabetical schedule.
Payment Process in Motion
According to reports, Mohammad Asadi, a representative of the Social Security Retirees Association, confirmed that the process of settling outstanding payments to retirees began last month. He provided a detailed breakdown of the disbursement timeline, underscoring the government’s systematic approach to fulfilling its financial commitments.
Phased Disbursement by Pension Amount
Asadi clarified that retirees receiving pensions of less than 20 million tomans have already received their arrears for the Iranian month of Farvardin (March-April). Furthermore, payments to the survivors of pensioners have also been settled alongside their regular Shahrivar (August-September) pensions.
For pensioners whose benefits exceed 20 million tomans, the payment process commenced on the 21st of the current Iranian month of Mehr (October 13). This phased strategy ensures an orderly and manageable distribution of funds.
Alphabetical Order Ensures Systematic Delivery
To guarantee an efficient and organized rollout, the payments across all banks, including the Refah Bank, are being carried out based on the recipients’ last names in alphabetical order. This methodical procedure highlights the administration’s focus on a transparent and equitable distribution system for all eligible citizens.