Iranian Retirees Receive Long-Awaited Pension Increase in Phased Disbursement
Iran’s Social Security Organization has initiated the first phase of a long-anticipated payment to its retirees, marking the end of a five-month wait for a pension increase that was due in March.
The disbursement, which began yesterday, covers the first tranche of back pay for the current Persian year’s (1404) pension adjustment. This initial phase specifically includes all disabled pensioners and retirees whose monthly income is up to 20 million tomans. The payment for this group is estimated to be between 3 to 4 million tomans per individual.
A Clear Three-Phase Payment Schedule
The organization has outlined a definitive, three-stage schedule to ensure all eligible beneficiaries receive their payments by the end of the current month (Shahrivar).
- Phase One (Completed): Disabled pensioners and retirees with a monthly pension of up to 20 million tomans.
- Phase Two (Scheduled for late Shahrivar): Payments will be made concurrently with the September pension disbursement (29th-31st Shahrivar) and will include all survivor pensioners.
- Phase Three (Following September’s Regular Pension): The remaining Social Security retirees will receive their back pay.
Officials have emphasized that the organization is committed to settling all arrears by the end of Shahrivar, ensuring no pensioner group is excluded from this planned financial support.
Alleviating Economic Pressures
This systematic disbursement of the delayed pension adjustment is a significant measure aimed at addressing the economic needs of retirees. By fulfilling this obligation, the Social Security Organization is taking concrete steps to support pensioners and help mitigate the impact of living expenses, underscoring the system’s commitment to its beneficiaries. The move is expected to provide substantial relief and has been welcomed as a positive development for retirees who rely on this crucial income.