TEHRAN (Iran News) – Caretaker of the Technical and Insurance Operation of Department of Steel Pension Fund delved into details of recent actions of the fund for reforming and equalizing pensions of steel industry retirees.
Mohammad Mehdi Babakhani said that due to demands of the esteemed retirees for necessity in reviewing the equalization process of salaries and their objections regarding the implementation of current equalization process, the new management of the fund called for immediate review of the current equalization process which was implemented last year and it called for reviewing it in the presence and with participation of representatives of the centers of the retirees. He added therefore this order was put on the agenda of the technical and insurance operation department and other sections of the fund.
Babakhani went on to say that in order to avoid repetition of the past mistake, the technical and insurance operation department based on the emphasis of the respected managing director of the fund called on all related groups like centers and experts of the retiree community to have some meetings with the selected experts of the fund. He added that these meetings were held in three sessions and had good results and the legal process for reforming equalization of salaries is now underway.
He added that according to the agreements in these meetings of representatives of the retirees, reform of equalizing the salaries will be carried out based on the upstream documents and predominantly will include that group of the retirees who have suffered the most and worked hard during their working days.
Babakhani reiterated that of course the implementation of the equalization reform requires financial resources and coordination among the upstream bodies in the upcoming meetings. He went on to say as the respected managing director of the fund has emphasized, the fund is committed to implement the reform in equalizing payments but due to restrictions in financial resources, the fund is unable to pay immediately after approval and it will pay in a logical range of time.
