Tag Archives | pensions

Do MPs want to send Working Women back Home?

By Alireza Ramezani for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. On Jan. 15, Iranian lawmakers approved a new law that would oblige state-run and public organizations to accept early retirement requests of female employees who have worked at least 20 years, without pushing any age […]

Why Pension Funds could face Bankruptcy Tsunami

By Navid Kalhor, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. One of the key underlying economic challenges of Iran is the current underfunding of its pension system. Make no mistake: Pension reform must be a priority for the country. Figures posted by the Ministry of […]

Cabinet approves Pension Increase

The Council of Ministers has approved a 14 percent increase in pensions from the beginning the current year for all payment levels. During the session that was chaired by President Rouhani, the cabinet also discussed and approved regulations regarding removing obstacles of production and supporting industrial and mineral production workshops. Based on the regulation, which […]

How will Iran take care of its Aging Population?

By Alireza Ramezani, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Mohammad Bagher Nobakht, head of the Management and Planning Organization (MPO), warned March 6 that Iran has five years to address the underfunding of its pension system or face a major crisis. It is […]