Title: Landmark Government Resolution Expands Pension Base for Public Sector Employees
In a significant move aimed at enhancing the welfare of its workforce, the Iranian cabinet has approved a resolution to broaden the calculation base for the pensions of government employees and faculty members.
A Broader Safety Net
The newly ratified measure stipulates that various allowances and bonuses, which were previously excluded from pension calculations, will now be included. This expansion covers a range of supplementary payments, fundamentally increasing the future retirement benefits for eligible individuals.
Key Inclusions
Specific payments now falling under pension contributions include:
- Overtime pay
- Allowances for service in less-developed regions
- Hardship pay for severe weather conditions
- Non-mandatory teaching allowances for educators
- Shift differential pay
This strategic revision is anticipated to substantially boost the long-term financial security and satisfaction of public sector employees, ensuring their dedication is more comprehensively reflected in their post-career years.
Focus on a Justice-Oriented Budget
In a separate but equally pivotal agenda item, the cabinet also issued the directive for preparing the national budget bill for the upcoming Iranian year (1405). The government spokesperson emphasized that the foundational principles of this budget are squarely centered on fostering justice, a key priority underscored by the President.
The budget framework is designed to address several core national objectives, including:
- Safeguarding the livelihood of the general public and supporting the underprivileged.
- Bolstering the country’s defense and security capabilities.
- Enhancing the efficiency of public services.
- Ensuring energy security.
- Championing the knowledge-based economy, science, and technology.
This dual-focused approach, addressing both immediate employee welfare and long-term national strategic planning, highlights the government’s comprehensive agenda for administrative and economic development.