Title: Retirees to Receive Long-Awaited Pay Raise, Labor Minister Announces
Subheading: Backdated Adjustments and August Salaries to Be Paid Together
In a move aimed at easing financial pressures on retirees, Iran’s Minister of Labor, Ahmad Vahidi, has confirmed a pay raise for Social Security Organization pensioners. The overdue salary adjustment for March, previously unpaid, will now be deposited alongside August pensions.
Key Details of the Increase
The adjustment, calculated as part of the 2025 salary hike, amounts to between 3 to 4 million tomans per retiree. This additional payment is expected to partially alleviate economic hardships faced by retirees amid rising living costs.
A Step Toward Fairer Pensions
Minister Vahidi emphasized that this adjustment aligns with broader efforts to harmonize pensions with real-world expenses. While acknowledging persistent inflation and cost-of-living challenges, he described the raise as a positive step toward improving retirees’ financial stability.
Expert Perspectives
Economic analysts welcomed the decision but noted that structural reforms in Iran’s pension system remain necessary to fully address retirees’ long-term needs. The raise, though beneficial, underscores the ongoing balancing act between fiscal policy and social welfare demands.
This development reflects the government’s commitment to supporting retirees while navigating broader economic conditions. Further updates on pension reforms are anticipated in the coming months.