Title: Landmark Financial Measure Secures Pensions and Healthcare for Iranian Retirees
In a significant move to bolster the national social security system, a major financial package has been approved to settle government obligations, directly benefiting retirees and pensioners across the country.
Economic Council Greenlights Major Funding
A recent session of the Supreme Council of Economic Coordination, headed by the heads of the three branches of government, ratified a plan to allocate 185 trillion tomans to the Social Security Organization. This substantial funding is structured to provide immediate and future financial stability. According to the official announcement, 70 trillion tomans will be sourced from Islamic financial bonds, while the remaining 115 trillion tomans will come from state-owned shares and assets.
Clearing Debts and Funding Healthcare
The Social Security Organization has clarified that once the credit is officially allocated and the bonds are converted into liquid assets, the funds will be used for two critical purposes. First, to settle outstanding debts with contracted academic and non-academic medical centers. Second, to finance the supplementary health insurance for retirees, ensuring continued access to essential medical services.
Long-Awaited Pension Adjustments Commence
In a direct benefit to citizens, the process of paying overdue pension adjustments and the annual pay raise, which was due from the start of the current Iranian year (Farvardin 1404), has now begun. For the remaining retirees and pensioners whose total benefits exceed 20 million tomans, these payments started gradually on Monday, Mehr 21st, through agent banks. The organization has assured that these payments will be continuous.
This marks the final phase of the disbursement process. The first phase was completed on Shahrivar 12th for retirees with total benefits of less than 20 million tomans and all disabled pensioners. The second phase for survivors was also completed concurrently with the Shahrivar month pension payments.
Commitment to Reform and Resource Protection
The announcement comes alongside proactive legislative efforts. In a meeting with the Parliament’s Social Commission, the Managing Director of the Social Security Organization presented seven reform proposals. These initiatives are designed to safeguard the organization’s resources and refine its procedures, ensuring its long-term sustainability and return to its core mandates. Key discussion points included optimizing support for hazardous professions, expanding insurance coverage for workers and artisans, and streamlining financial interactions.
Official Channels for Information
The Social Security Organization has emphasized that the only official source for news related to these developments is its Department of Public Relations. Retirees and pensioners are advised to follow updates through the official website (Tamin.ir) or the organization’s unified social media channels under the handle Tamin_Media. For any inquiries, the 24/7 response system is available by dialing 1420 from anywhere in the country.
