Title: New Payment Schedule for Iranian Retirees: Government Outlines November Disbursement Plan
Introduction
A structured payment schedule for the November pensions of Iranian retirees has been officially announced, with disbursements set to begin this Wednesday. The new system, designed to streamline the process with the banking network, will see all funds deposited by the end of the week.
Staggered Payment Schedule
According to the announced plan, pension payments will be distributed over three days, organized by the first letter of the retiree’s last name. The detailed schedule is as follows:
- Wednesday, November 19: Retirees with last names starting with letters A to Ch.
- Thursday, November 20: Retirees with last names starting with letters H to Sh.
- Friday, November 21: Retirees with last names starting with letters S to Y.
Authorities have confirmed that all payments will be completed by the end of the day on Friday, November 21.
Policy Shift and Public Adaptation
This new payment timetable represents a shift from the previous system, where pensions were typically paid between the 20th and the end of the month. The change, implemented earlier this year, aims to enhance coordination with the national banking system and facilitate a smoother disbursement process. While some retirees have expressed concerns that payments arriving later in the month can complicate household budgeting and monthly installment planning, activists in the pension sector have advised retirees to adjust their financial planning in accordance with the new calendar.
Breakdown of Pension Adjustments
The pension amounts for November have been set based on resolutions by the Supreme Labor Council. The adjustments include:
- A 32 percent increase for retirees whose previous pensions exceeded 7,166,000 Tomans.
- A 45 percent increase for those receiving the minimum pension.
Furthermore, additional allowances have been added to the minimum pension base, including 2,106,000 Tomans for spousal benefits, 1,719,000 Tomans per child, 405,000 Tomans for housing, and 600,000 Tomans for a living essentials coupon.
Looking Ahead
The announcement of the November payment schedule comes amid broader discussions regarding pension adjustments for the next Iranian year. The government continues to address the economic welfare of retirees within the framework of national economic policies.