Title: Landmark Increase in Retirement Bonuses Announced for Public Sector Employees
Tehran – In a significant move to support retirees, the Administrative and Recruitment Organization has announced a substantial increase in the cap for end-of-service bonuses for government retirees.
Key Policy Update
The official cap for retirement bonuses has been raised from 550 million tomans to 650 million tomans for the current Iranian year (1404). This represents an 18% increase, a measure designed to enhance the financial security of those who have served in public sector roles.
Official Announcement
The development was confirmed by Zabhihollah Salmani, Deputy for Human Capital at the Administrative and Recruitment Organization. In a statement, he detailed the adjustment for retirees covered under the country’s pension fund, underscoring the government’s focus on the welfare of its retired workforce.
A Step Towards Enhanced Welfare
This upward revision of the bonus cap is a clear reflection of the state’s ongoing commitment to improving the living standards of its citizens, particularly retirees who have dedicated their careers to public service. The move ensures that a greater number of retirees will receive a higher financial benefit upon the conclusion of their service.