Iran Approves Major Funding Package to Settle Social Security Obligations and Initiate Pension Payments
In a significant move to address financial commitments, Iran’s Social Security Organization has announced a comprehensive plan to settle outstanding dues and initiate long-awaited pension adjustments. The decision, stemming from a recent session of the High Council for Economic Coordination among the heads of the three branches of government, underscores a coordinated national effort to strengthen the social welfare system.
A Landmark Financial Resolution
The high-level council approved a substantial allocation to address the financial requirements of the Social Security Organization. The approved package, valued at 185 quadrillion tomans, will be executed through a combination of 70 quadrillion tomans in Islamic financial bonds and 115 quadrillion tomans in shares and assets. This strategic financial maneuver is designed to provide the necessary liquidity to meet pressing obligations.
Clearing Debts to Healthcare Providers
Following the formal notification of this resolution and the allocation of credit, the process of issuing the approved bonds and converting them into liquid assets will commence. Once this multi-stage process is complete, the newly acquired liquidity will be used to settle outstanding claims with contracted university and non-university medical centers, as well as for supplementary health insurance payments. This step is expected to significantly bolster the healthcare network serving social security beneficiaries.
Pension Adjustments Commence
In a parallel development directly impacting citizens, the Social Security Organization has confirmed the rollout of annual salary adjustments and back payments for retirees and pensioners. As a follow-up to its previous announcement, the process for disbursing the remaining adjusted payments and annual salary increments—retroactive to the start of the current Iranian year—will begin gradually and continuously starting this Tuesday.
The organization clarified that this marks the next phase of the payment schedule. The initial phase was completed earlier for all retirees with a total income of up to 20 million tomans, as well as for all disabled pensioners. A subsequent phase for all survivor beneficiaries was also carried out concurrently with regular pension payments.
Official Channels for Information
The Social Security Organization has reiterated that the sole official source for news and information is its Public Relations Department. Beneficiaries and the public are advised to follow updates through the official website, Tamin.ir, or the organization’s verified social media channels under the unified handle @Tamin_Media. For further inquiries, the organization’s 24/7 response system is available by dialing 1420 from anywhere in the country.
