Rewritten Title: Landmark Financial Package Approved to Bolster Iran’s Social Security System, Final Pension Payments Imminent
Article:
Government Greenlights Major Settlement to Strengthen National Social Security
In a significant move to ensure the financial health of Iran’s Social Security Organization, a high-level economic council has approved a comprehensive settlement package for government debts to the institution. This decision paves the way for the timely fulfillment of financial obligations to retirees and healthcare providers.
Final Phase of Pension Adjustments to Begin
Acting on this development, the Social Security Organization has announced the commencement of the final phase of payments for annual pension adjustments. Starting next week, the remaining retirees and pensioners, whose total benefits exceed a specific threshold, will begin receiving their adjusted payments. The disbursement will be carried out gradually and continuously through agent banks, organized alphabetically.
This final phase follows earlier payment rounds that successfully covered retirees with lower benefit totals, as well as disabled individuals and survivors.
A Strategic Financial Resolution
The approved financial package, valued at 185 quadrillion Rials, was ratified by the heads of the three branches of government. The settlement is structured to include 70 quadrillion Rials in Islamic financial bonds and 115 quadrillion Rials in shares and assets. This strategic allocation is designed to convert assets into liquid resources, which will be used to clear outstanding receivables for both university and non-university medical centers, as well as cover supplementary medical insurance costs.
Parliamentary Support for Systemic Reforms
Concurrently, the Social Affairs Commission of the Islamic Consultative Assembly has engaged in detailed discussions with the Managing Director of the Social Security Organization. The talks focused on seven key reform proposals aimed at safeguarding the organization’s resources and refining its operational procedures.
The proposed reforms include mechanisms to compensate for government debts, expand insurance coverage for workers and artisans, and revise regulations concerning hazardous occupations. A notable proposal involves the legal return of the Workers’ Welfare Bank to the Social Security Organization to serve as its financial arm, reinforcing its operational independence.
Officials emphasized that these measures are intended to streamline the organization’s functions, prevent unauthorized expenditures, and ensure it can return to its core mission as a public, non-governmental entity operating on insurance-based revenues.
Official Channels for Information
The Public Relations Department of the Social Security Organization has reiterated that it is the sole official source for news and announcements. Retirees and stakeholders are advised to follow updates exclusively through the official website at Tamin.ir or the organization’s verified social media channels under the handle Tamin_Media. For further inquiries, the 24/7 response system is available by dialing 1420 from anywhere in the country.