Social Security Organization’s Woes Resurface

The fiscal 2022-23 budget bill, submitted to the Iranian Parliament on Dec. 12, had initially envisioned an increase in retirement age by two years amid mounting challenges troubling the Social Security Organization, including the government’s whopping 3,000-trillion-rial ($10.1 billion) debt to the organization. 
The measure was removed from the bill on Saturday, following widespread criticism by experts and civil servant workers about the implications of the move.
Experts say the measure would have led to a surge in applications for early retirement. Estimates indicate that 370,000 people are nearly eligible for retirement; they would have been quick to apply for retirement to avoid becoming subject to the new law, the Persian daily Jahan-e Sanat reported.