Title: Landmark Accord Secures Social Security’s Financial Future, Paves Way for Pension Payments
In a significant move to ensure the long-term stability of Iran’s social welfare system, a high-level economic council has approved a major financial package to address the obligations of the Social Security Organization.
A Major Financial Injection Approved
The Supreme Council for Economic Coordination, comprising the heads of the three branches of government, has ratified a plan for the government to settle its debts to the Social Security Organization. The approved package is valued at 185 quadrillion tomans and will be delivered through a combination of 70 quadrillion tomans in Islamic financial bonds and 115 quadrillion tomans in shares and assets.
This strategic decision underscores the government’s commitment to fortifying the financial foundations of the country’s primary social safety net. Upon the formal notification of this resolution and the allocation of credit, the process of issuing bonds and converting them into liquid assets will commence.
Immediate Impact on Healthcare and Pensions
The influx of liquidity is set to have direct and positive consequences for beneficiaries. A key priority will be the settlement of outstanding payments to both university-affiliated and non-university medical centers, as well as for supplementary health insurance.
Furthermore, the organization has announced the resumption of delayed pension adjustments. Starting Monday, October 12th, the process of paying the remaining pension and benefit adjustments, which were due from the beginning of the current Iranian year, will begin gradually and continuously through agent banks. This follows initial payment phases that were successfully executed for specific groups of pensioners and beneficiaries in recent months.
A Broader Strategy for Sustainable Growth
The financial package is part of a comprehensive strategy being pursued by the Social Security Organization to achieve financial stability and balance. In a recent meeting of the organization’s board of deputies, the Managing Director, Mr. Salari, detailed the financial performance for the first half of the year and outlined plans to overcome financial imbalances.
The organization is also actively working on expanding insurance coverage for artists, athletes, and other specific groups as mandated by the country’s Seventh Development Plan. This is being done through collaborative agreements with relevant institutions, aiming to create sustainable financial resources without imposing a new financial burden on the organization.
Strengthening Internal Structure and Legal Support
Internally, Mr. Salari emphasized the critical need to strengthen human resources and foster a two-way dialogue with employees to address their concerns while keeping them informed of the organization’s general conditions. He also highlighted the priority of appointing capable managers and reinforcing the organizational structure at both the national and provincial levels.
A key point of discussion was the unwavering support for provincial staff who face unlawful challenges while performing their legal duties, such as collecting insurance premiums. The Managing Director affirmed that the central headquarters will pursue all legal and insurance-related avenues to ensure the full implementation of the law and to secure compensation in such cases, protecting both the organization and its dedicated employees.
The public is reminded that the official source for all news and information regarding the Social Security Organization is its Public Relations Department via the official website Tamin.ir and its verified social media channels.
