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HomeIran NewsHuman RightsIranian regime is withdrawing funds from pension funds with out notifying retirees

Iranian regime is withdrawing funds from pension funds with out notifying retirees


Iranian media reported that the federal government deducted 10 million rials from retirees’ pensions in March, however the president of the Association of Social Security Retirees mentioned the federal government had deducted 10 million rials from retirees’ pensions, however the He mentioned the debt was to be paid. ”

In this connection, the Parcine newspaper wrote: The retirees’ March salaries have been transferred with out discover or permission, with 10 million rials (roughly $17, or about one-eighth of a employee’s minimal wage) being deducted from their accounts. In addition, a textual content message was despatched from the Retirees’ Higher Social Security Association to retirees and pensioners stating that the Social Security Association was establishing a cooperative firm for retirees and investing in firm shares. has been performed. This course of will likely be realized via participation in an public sale wherein 150 million rials (roughly $252) in money will likely be allotted, which will likely be deducted from March’s pension.

In response to this information, the president of the Social Security Organization Retirees Association instructed the administration’s Fars News Agency as follows: Pensioners who don’t wish to purchase these shares can withdraw by sending a withdrawal textual content message, it mentioned. ”

Some specialists argue that, first, the Retirement High Association doesn’t have the suitable to ascertain an funding establishment and that this motion violates its articles of incorporation. Second, this funding trick can result in huge abuse by creating a category of capitalists and erasing the meager rights of retirees with union credit score.

The incident reportedly occurred as a bunch of Social Security and National Pension Service retirees rallied on March 10 to protest the financial scenario in a number of cities, together with Arak, Isfahan, Ahvaz, Shush, and Kermanshah. ing.

Economic protests proceed in Iran, however financial media examined official knowledge from the federal government’s Central Bureau of Statistics and reported that they’ve been occurring for the previous three years, from the inauguration of President Ebrahim Raisi’s authorities in 2021 to the current. , costs of important items rose from 125% to 290%.



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