Iranian Pensioners See Full Back-Pay Disbursement as New Salary Structure Takes Effect
In a significant move to finalize pension adjustments, Iran’s Social Security Organization has entered the final phase of disbursing overdue payments to its retirees, bringing relief to millions.
Final Payment Phase Underway
The organization has confirmed the ongoing disbursement of pension arrears corresponding to a salary increase from earlier this year. The payments, which are being processed in stages based on the alphabetical order of recipients’ last names, have now reached pensioners with names starting with the final letters of the Persian alphabet. Officials have announced that the process is on track for full completion by the end of the current week, ensuring all eligible retirees receive their dues.
A Structured and Systematic Process
The payment of these arrears has been conducted in a meticulously planned, phased manner. This systematic approach, organized by the first letter of the last name, has been implemented to ensure an orderly and efficient transfer of funds. The funds are being deposited directly into the bank accounts registered with the pension payment system, eliminating the need for retirees to visit organization branches in person.
Breakdown of the Adjustments
The arrears stem from a pension increase that was officially mandated for the current Iranian year. The new salary structure features a tiered increase:
- A 45% increase for pensioners receiving the minimum level of benefits.
- A 32% increase for other pension tiers.
Furthermore, the updated structure includes standardized allowances for dependents and a living subsidy, which have now been integrated into the monthly pension calculations. The current disbursement covers the arrears—the difference between the old and new rates—for the initial months of the year during which the new calculations were being finalized. Reports indicate that the amount of back-pay varies based on insurance history and pension type, with average figures cited in local media.
Commitment to Retiree Welfare
This comprehensive disbursement highlights the ongoing efforts by the relevant authorities to uphold the financial rights of retirees and implement state-decreed welfare policies in a timely manner. The Social Security Organization, in coordination with its partner banks, has reaffirmed its commitment to settling all remaining arrears promptly, marking the conclusion of this adjustment cycle.