Title: Iran’s Export Bank Commemorates 74th Anniversary with Special Payouts and Prizes for Retirees
In a move highlighting continued social support, a special government deposit for retirees paid through Iran’s Export Bank has commenced. The initiative, which began on Saturday, August 31, 2024, benefits retired civil servants and retired teachers and educators.
The program is a key part of the celebrations for the 74th anniversary of the Export Bank of Iran’s founding, conducted in cooperation with the Ministry of Education and the Country’s Retirement Organization.
Festival Details and Prize Structure
The commemorative festival includes special awards for both active and retired educators:
- Grand Prizes: Six top-scoring individuals—three from the Country’s Retirement Organization and three active personnel from the Ministry of Education—will each receive a prize of 1 billion Rials.
- Draw Prizes: 1,480 additional prizes of 74 million Rials each will be awarded by draw, with 740 prizes allocated to each of the two groups.
A formal ceremony to honor winners and conduct the draws will be held on the bank’s founding anniversary, attended by senior bank executives, officials from the Ministry of Education, and managers of the Country’s Retirement Organization.
Enhanced Financial Facilities for Retirees
Further supporting retiree welfare, the Export Bank of Iran has introduced special financial facilities:
- A special 300 million Tomans loan with a 5-year repayment period, accessible without the need for an in-person visit through the Sepino application.
- An urgent 50 million Tomans loan for eligible retirees.
These facilities are designed to provide additional economic support and ease of access for pensioners.
September Pension Schedule
The regular monthly pension for state retirees is scheduled for deposit on September 20, 2024. Retirees can check their bank accounts on this date to access their funds.
These comprehensive measures reflect the ongoing commitment to improving the livelihood and well-being of educators and retirees across the nation.