Rewritten Title:
Government Finalizes Landmark Pension Reform, Boosting Retiree Incomes for 2025
Rewritten Article:
In a significant move to enhance social welfare, the Iranian government is implementing the final phase of a comprehensive pension harmonization plan, culminating in substantial income increases for the nation’s retirees throughout the coming year.
Addressing Economic Pressures
Recognizing the impact of global economic conditions and the rising cost of living, authorities have prioritized safeguarding the purchasing power of retirees. The multi-year pension harmonization scheme, a central pillar of the country’s Seventh Development Plan, is designed to directly address these challenges and ensure greater financial equity for this valued segment of society.
The Harmonization Plan in Detail
The strategic plan aims to progressively align pension payments more closely with the salaries of active workers. According to official reports from domestic economic outlets, the final implementation phase in the upcoming Iranian year (1405) is projected to deliver an overall income boost of 25% to 35% for retirees.
This increase will be complemented by a harmonization adjustment, with figures varying based on the individual’s pension fund and current benefit level. Estimates indicate this adjustment could range from 3 to 5 million Tomans for different retiree categories, including those from the Social Security, civil service, and military sectors.
A Phased and Structured Approach
The reform has been carefully rolled out in three distinct stages to ensure its stability and effectiveness:
- Phase 1 (2024): 40% of the calculated harmonization differential was applied.
- Phase 2 (2025): A combination of the annual pension increase and 50% of the remaining differential was paid.
- Phase 3 (2026): This final stage will disburse the remaining 30% of the differential.
Upon full implementation, the plan is expected to raise the average retiree’s income to approximately 90% of the salary of an equivalent active worker. The government has reaffirmed its commitment to providing the necessary and sustainable monthly funding for this crucial initiative.
Legislative Support and Future Outlook
The successful execution of this plan underscores the government’s focus on long-term social and economic stability. Parliamentary figures have emphasized the importance of complementary measures, such as a comprehensive bill for pension funds, to ensure the enduring health of the system. These efforts include optimizing the management of affiliated companies and settling outstanding obligations through structured asset transfers, ensuring the reforms have a solid and lasting foundation.
Experts anticipate that the completion of this final phase will lead to a marked improvement in the livelihood of retirees, reflecting the nation’s enduring commitment to the well-being of those who have contributed to its development.