Title: Phased Payment Initiative for Social Security Pensioners Commences
Tehran – The Social Security Organization has initiated a phased payment plan to disburse arrears related to pension adjustments and the Farvardin 1404 (March 2024) salary increases for its retirees and pensioners. This structured program, detailed in a new official directive, is designed to systematically clear outstanding payments for approximately five million individuals.
Detailed Payment Schedule Unveiled
The organization has outlined a clear, three-stage timeline for the disbursement of these funds:
- Phase One: Arrears for an initial group of pensioners have already been deposited into their accounts.
- Phase Two: Arrears for all survivor pensioners are scheduled to be paid concurrently with their regular Shahrivar month pension (scheduled for September 19-21, 2024).
- Phase Three: Arrears for all other remaining retirees will be processed and paid immediately following the distribution of the regular Shahrivar month pensions.
A Step Towards Systematic Financial Management
The announced schedule indicates a targeted effort to settle all outstanding payments by the end of the Iranian month of Shahrivar. This initiative underscores the Social Security Organization’s commitment to implementing a more regular and predictable payment structure, aiming to enhance the efficiency of its financial operations and resource management.
The successful execution of this plan is anticipated to significantly bolster pensioner confidence in the system. Ensuring meticulous adherence to the published timeline and maintaining robust oversight throughout the process are seen as crucial steps toward achieving this goal. This move represents a positive development in the ongoing management of social welfare commitments.
