Iran’s Pension Funds: An Unfolding Crisis
Disputes over Iranian pension funds are coming to a boil, a former official with Social Security Organization in Legal and Parliamentary Affairs said.
In a lecture titled “A Glance at the State of Pension Funds” at the Institute of Religion and Economic Studies in Tehran on Thursday, Mohsen Izadkhah also sought to scrutinize this unfolding crisis, the Persian daily Shargh reported.
Excerpts of his speech follow:
Iran’s social security system is built on the Iranian Constitution, the 20-Year Vision Plan (2005-25), “Law on Comprehensive Structural System of Welfare and Social Security”, international conventions, including Convention 102 of International Labor Organization concerning minimum standards of social security and Iran’s development plans, particularly the Fifth Five-Year Development Plan (2011-16), but has been overlooked by the executive branch.
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