Headline: Landmark Financial Support Measures Announced for Iranian Retirees
In a significant move to address the financial needs of its retirees, the Iranian National Retirement Fund has unveiled a series of supportive payment initiatives scheduled for completion by the end of the current Iranian year.
Emergency Loan Disbursement Underway
Hojjat Mirzaei, the Managing Director of the National Retirement Fund, announced that an emergency loan of 50 million tomans has been deposited into the accounts of 28,788 eligible retirees. This substantial financial support is structured with a 60-month repayment plan and will be distributed across ten separate phases, ensuring a steady rollout by the year’s end.
Final Marriage Loan Payments Imminent
In further positive developments, Mirzaei confirmed that the second and final phase of marriage loans for retirees’ children is set for disbursement early next week. This payment, benefiting approximately 16,000 individuals, will mark the full allocation of this specific facility for the year 1404.
Commitment to Settling All Obligations
During a meeting with heads of retirement associations from the Ministry of Health, Medical Education, and Medical Services, Managing Director Mirzaei reinforced the Fund’s unwavering commitment. “No claim of retirees will remain unaddressed,” he stated, emphasizing that the Fund is “pursuing all possible solutions with full seriousness to meet its obligations.”
Mirzaei provided context on the Fund’s strategic efforts, explaining that plans to sell and transfer shares to finance backlogged payments have encountered legal hurdles and an unfavorable capital market climate. In response, the Fund is actively exploring alternative strategies, including the gradual sale of shares and asset substitution, to secure the necessary resources.
Ongoing Efforts for Systemic Improvement
It was noted that the estimated value of delayed payments for retirees of the Ministry of Health stands at approximately 6.5 billion tomans, with the Fund’s current resources being limited. Mirzaei highlighted that several proposals have been presented to the government aimed at improving the Fund’s overall condition, which will ultimately enable retirees to receive their dues. The meeting also covered matters pertaining to supplementary insurance addendums and other retiree claims.
End-of-Service Bonuses to be Cleared
Adding to the wave of financial assurances, Alireza Monadi, Head of the Parliament’s Education and Research Commission, announced that the end-of-service bonus for retirees in the year 1403 will be paid in full by the end of Shahrivar 1404. He noted that a portion of these bonuses for cultural retirees has already begun to be distributed.
Collectively, these measures represent a concerted governmental effort to alleviate the financial pressures and delays retirees have faced, with the expectation that these commitments will be fully honored by the set deadlines.