Title: Government Accelerates Pension Payments, Outlines Comprehensive Financial Plan
Tehran – In a significant move to address pension obligations, Iranian authorities have announced the completion of key payments and detailed a robust financial strategy to settle all remaining dues, underscoring a commitment to the nation’s retirees.
Payment Milestones Reached
According to an official statement, the payment of the differential arrears for the month of Farvardin (March-April) for minimum-wage pensioners was fully settled on September 2nd. Furthermore, the outstanding payments for beneficiaries have been transferred concurrently with the September pension.
Officials confirmed that the only remaining arrears pertain to a specific group of pensioners whose monthly income exceeds a certain threshold, representing approximately 30 percent of all pension recipients. A portion of this group’s dues, categorized from ‘A’ to ‘J’, has already been processed for payment between October 12th and the end of the month.
Clear Timeline for Full Settlement
Expressing confidence in the ongoing process, the Director-General of the Social Security Organization in Yazd province stated that the remaining arrears for the aforementioned group are scheduled for payment upon budget allocation in the coming week. He further projected that all outstanding payments would be fully settled by mid-November, providing a clear and definitive timeline for retirees.
Strategic Financial Backing
To underpin these commitments, the government has initiated a major financial measure. Plans are in place for the government to issue 70 trillion tomans in bonds specifically to secure the necessary funding. This capital injection is designated to clear the organization’s arrears to both healthcare centers and its pensioners. The allocation of these resources is set to ensure that all future payments are made in a timely and orderly fashion.
Addressing Supplementary Insurance
In related developments, the head of the High Association of Social Security Retirees announced that outstanding dues for retirees’ supplementary insurance are also slated for payment next week. This move addresses concerns over delayed payments to insurance providers, which had temporarily affected coverage.
This comprehensive action is being facilitated by a directive from the heads of the three branches of government, which mandates the allocation of 70 trillion tomans to the Social Security Organization for healthcare costs, drawn from government debts to the fund. The Managing Director of the Social Security Organization recently reaffirmed that the organization’s debts to pensioners, medical centers, and insurance companies will be settled following the transfer of government funds, signaling a coordinated and top-priority national effort.