Rewritten Title:
Government Directs Swift Clearance of Retired Employees’ Pending Benefits – Key Updates
New Directive Aims to Expedite Retirement Payments
The Iranian government has issued a directive to all executive bodies, instructing them to promptly process and disburse outstanding end-of-service bonuses for retirees from the year 1402 (2023-2024). The directive, dated 404/5/22, mandates strict compliance with legal and regulatory frameworks to ensure timely payments.
Legal Framework and Budget Allocations
Under Article 19 of the Budget and Planning Law and Article 28 of the amendments to the Financial Regulations Act, the government has allocated funds specifically for clearing retirees’ pending benefits. A maximum of 5.2 billion rials has been authorized for each executive body to settle these dues, with payments requiring verification by financial administrators before submission to the Ministry of Economic Affairs and Finance.
Ensuring Accuracy and Prioritization
Executive bodies are responsible for verifying beneficiary details—including national ID, retirement date, bank account information, and payable amounts—before processing payments. In exceptional cases, such as critical illnesses, authorities may adjust payment priorities at their discretion.
Progress on Clearing Backlogs
Mirzaei, head of the National Retirement Fund, provided updates on pending dues:
- Deduction arrears (withheld for subsidiary funds or stores) had accumulated to three months but were fully settled in Ordibehesht (April-May 2024).
- Current deductions are now processed daily, ensuring no further delays.
Pending Adjustments and Future Payments
- Retired teachers’ claims from 1400 (2021-2022), totaling ~10 hamt, were partially paid (50% in Khordad (May-June)), with the remaining ~4.5 hamt slated for Mordad (July-August).
- Eight months of adjustment arrears from early 1403 (~14 hamt) began disbursement in Khordad and will be fully settled by year-end.
Challenges for Medical University Retirees
Payments for 15% of medical retirees’ legal adjustments remain pending due to unresolved asset sales. Mirzaei clarified that funds will be released once the designated assets—currently undergoing stock market listing—are liquidated.
Commitment to Timely Resolutions
Authorities reaffirmed their dedication to resolving all outstanding payments, emphasizing transparency and adherence to budgetary provisions. Retirees can expect systematic clearance of dues as resources become available.
Note: All timelines follow the Iranian calendar (1403 = 2024-2025).
