Title: Landmark Welfare Initiative: Government-Facilitated Marriage Loans Disbursed to Retirees’ Children
In a significant move to bolster the welfare of its retired community, the Iranian government has successfully completed the disbursement of a special marriage loan program for the children of pensioners. The initiative, which saw its final tranche of payments processed, underscores the state’s commitment to supporting retirees and their families.
Final Disbursement Completes Annual Program
According to the Public Relations and International Affairs Department of the State Pension Fund, the final phase of payments for the 60-million-toman marriage loan has been executed. Dr. Oghani Arani, a fund official, confirmed that, following prior coordination with the agent bank and based on an announced priority list, payments were deposited for approximately 16,000 eligible individuals. This final disbursement officially concludes the program for the current Iranian year (1404).
The loan, administered through Iran’s Export Bank, carries a 5% service fee and is to be repaid over a 60-month installment plan. This financial support is designed to assist retired families with the costs associated with their children’s marriages.
Launch of Comprehensive Welfare Services Platform
In a parallel development aimed at enhancing the quality of life for retirees, the State Pension Fund, in cooperation with the Rightel company, has officially launched a “Comprehensive Welfare Services Platform.”
During the unveiling ceremony, Hojat Mirzaei, CEO of the State Pension Fund, expressed his satisfaction with the project’s realization. He described the platform as a “vast virtual market for retirees,” which connects millions of retired households to tens of thousands of goods and service providers.
“The most important feature of this plan,” Mirzaei stated, “is its reliance on the financial and social credibility of retirees with the fund. This credibility is used as a valuable capital, eliminating the need for any type of guarantor or collateral for purchasing goods and services.”
He further elaborated on the platform’s benefits, noting that it not only increases the purchasing power of retirees but also acts as a tool for microfinance and mitigating inflationary pressures. The platform will facilitate installment purchases with low profit rates and easy terms.
A Step Towards Smarter Services
A representative from Rightel emphasized the company’s role in developing smart services within the subsidiaries of the Ministry of Cooperatives, Labour, and Social Welfare. The launch of this comprehensive platform is seen as a key step in the smartening of service delivery, aiming to provide a wide variety of goods and services through easy methods, suitable prices, and high diversity.
It is anticipated that this platform will gradually evolve into a comprehensive portal for shopping and services, strengthening the social capital of retirees while creating a stable and efficient market for both suppliers and buyers. Officials have expressed hope that through effective media and social media outreach, all retirees will be able to benefit from this valuable opportunity.
