A Financial Boost for Retirees: 15 Million Tomans Arriving This Fall

Title: Streamlined Pensions and Healthcare Refunds Delivered to Iranian Retirees

In a significant administrative move, several Iranian pension funds have completed the disbursement of October pensions, incorporating scheduled supplementary payments and initiating a key healthcare reimbursement program. This coordinated effort underscores the system’s focus on enhancing the welfare of its retired community.

Key Healthcare Cost Reduction Implemented

A central feature of this month’s payments for oil industry retirees and their beneficiaries is the first installment of a refund for a 5% reduction in healthcare deductibles. This follows the official policy of lowering the treatment deductible from 10% to 5%.

The refunds were processed in two ways: directly added to the pensions of those with no outstanding medical debts, or deducted from the existing installment plans of others, with any surplus paid out. A second phase of refunds for those who paid costs upfront is currently under technical review. Retirees can monitor these transactions through the dedicated “SAMA” system.

Updated Pension Disbursement Schedule

In a shift to streamline banking operations, the Social Security Organization has consolidated its payment schedule. Pensions for October were deposited on the 28th, 29th, and 30th of the month. While this new policy aims for greater efficiency and coordination with the banking network, some retirees have expressed concerns about the adjustment affecting their bill payments and daily expense management. Officials have advised pensioners to align their financial planning with this new calendar.

Settlement of Arrears and Nationwide Payment Timeline

Concurrently, the Social Security Organization has begun the final phase of paying overdue adjustments and annual pay raises. These payments are being processed gradually to ensure all eligible retirees receive their dues.

The schedule for October pension disbursements across major funds was as follows, with many payments occurring a day earlier than in the first half of the year to accommodate the shorter autumn months and prevent banking congestion:

This synchronized and提前 (advanced) payment initiative reflects a concerted effort to ensure the timely and efficient delivery of financial support to Iran’s retired population.