Iranian Social Security Organization
Iran, Islamic Republic of
Asia and Pacific

Iranian Social Security Organization Pension Adjustment Plan

Implementation year
2020

In recent years, the inconsistencies between the pension indexation rate and cost of living has affected the living standards of pensioners.

The increase of pension has been at its lowest rate for the pensioners who received higher level of pension, although they had paid higher rates of contribution during their working period. The issue is in contrast to actuarial principles of the insurer entities. In this regard, a plan on pension adjustment was approved by the Iranian Social Security Organization (ISSO) to solve the problem.

Topic:
Governance and administration