Economy, Domestic Economy
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Call for Pushback in Retirement Age

Call for Pushback in Retirement AgeCall for Pushback in Retirement Age

Majlis Research Center has called for a pushback in the retirement age in Iran, which is lower than that in many other countries.

The average age of retirement in Iran stood at 49.9 years for women and 52.3 years for men between 2005 and 2013, Khabaronline reported.

Retirement eligibility is determined by age, years of service and the nature of work. Those eligible for retirement as per the Social Security Organization’s regulations include employees who have 35 years of service, regardless of their age.

Those with 30 years of service, who have reached 50 years of age, are entitled to retirement benefits equal to a one-month salary.

Those working in hazardous jobs who have paid their insurance premium for 10 years to SSO are entitled to retirement benefits equal to their salary for 10 days upon reaching 60 years of age.

Finally, workers with 20 consecutive years of service or 25 years of insurance payment are also entitled to retirement benefits, regardless of their age.

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