Four Major Deposits Incoming: A Financial Boost for Retirees by Month’s End

Title: Timely Financial Inflows: A Look at the Upcoming Support Packages for Iran’s Retirees

As the month draws to a close, the focus for Iran’s retiree community shifts to the scheduled disbursement of pensions and various support funds. These payments are a critical component in helping retirees manage their living expenses. The following is a detailed breakdown of the four major financial inflows scheduled for the end of the current Iranian month of Aban.

Cash Subsidy Disbursement for Aban

The Subsidy Targeting Organization has announced the schedule for the Aban monthly cash subsidy. Mirroring the procedure of previous months, the payments will be made in two stages. Subsidies for the first to third income deciles will be deposited into household accounts on the 25th of Aban, while payments for the fourth to ninth deciles are scheduled for the 30th of Aban.

The designated amounts are as follows:

• First to Third Deciles: 400,000 Tomans
• Fourth to Ninth Deciles: 300,000 Tomans

Electronic Food Coupon Allocation

The rollout of the electronic food coupon scheme continues this month with new payments for eligible citizens. According to officials, the first to third deciles will receive 500,000 Tomans, with this payment to be completed by the middle of the month. Furthermore, the fourth to seventh deciles are set to receive 350,000 Tomans, a payment that will be finalized by the end of Aban.

Pension Payment Schedule for Aban 1404

Following the standard procedure, pension payments for retirees will be processed in the final days of the month. The detailed schedule, based on different retiree categories, is outlined below:

• Social Security Retirees: Pensions for this group will be deposited between the 28th and 30th of Aban.
• State Retirees: These pension payments will be made on the 29th and 30th of Aban.
• Military Retirees: Disbursements for this group will be completed on the 30th of Aban or the 1st of Azar.

Relevant organizations have confirmed that there are no significant changes to the payment timetable for Aban, and the process will proceed as per the usual schedule.

Update on Retiree Loan Facilities

Parviz Ahmadi Panjaki, a member of the High Council of Social Security Retirees, provided new details on loan facilities for retirees. He announced that the registration process to benefit from these facilities has begun, with a nationwide quota allocated for approximately 30,000 individuals.

He emphasized that the loan amounts for retirees who have already registered or are in the process of registering will be deposited by the end of Aban. These financial facilities are designed to assist in improving the livelihood of retirees.

At a Glance: Pension Payment Timeline

The following table provides a clear overview of the pension payment schedule for Aban 1404:

These scheduled financial inflows play a vital role in supporting retirees and assisting them in managing their economic needs.