Pension Fund Clears Backlog: August Payments and New Adjustments Disbursed
Tehran – The National Pension Fund has announced the disbursement of the August pension payments, commencing this afternoon through its agent bank. This routine payment cycle also includes a significant additional disbursement: the fourth installment of the ten-stage 2024 pension adjustment plan for eligible retirees.
In a series of statements, Hojjat Mirzaei, the Managing Director of the National Pension Fund, outlined a comprehensive schedule of financial support for retirees and their families, highlighting the government’s ongoing commitment to fulfilling its obligations.
Key Disbursements Underway
Beyond the regular pension and the adjustment installment, the Fund is actively processing several other support mechanisms. The first phase of a 60 million Tomran marriage loan for retirees’ children, for those who have completed registration, is slated for payment by the end of the current month. A second phase will follow.
Furthermore, a third round of essential 50 million Tomran loans has been allocated for approximately 30,000 eligible retirees. This marks the second such disbursement within the month of August, providing crucial financial support.
Settling Outstanding Commitments
Mr. Mirzaei provided updates on clearing specific historical arrears. He confirmed that the adjustment decrees for self-employed retirees have been issued, with their outstanding claims scheduled for payment by the end of the Persian month of Shahrivar. In a separate announcement, he confirmed the full settlement of arrears for teachers who retired in 2021, with the second and final phase of their claims being paid alongside the current month’s pension.
A Collaborative Government Effort
The Pension Fund management emphasized that these payments are the result of close inter-agency coordination and a positive collaborative spirit with the Plan and Budget Organization and the agent bank. Mr. Mirzaei expressed gratitude for this cooperation, which has been instrumental in securing the resources needed to address retirees’ financial entitlements.
He underscored the current administration’s dedicated focus, since its term began, on resolving pension arrears. With the positive outlook of the President and the serving government towards retirees, the Fund is actively pursuing the settlement of remaining historical obligations, including those from the first half of 2020 and specific arrears for retirees from the Ministry of Health.
Mirzaei expressed strong optimism, stating that with the supportive stance of the government, these remaining arrears are also expected to be settled within the current year.
