Economy, Domestic Economy

SSO Clears $658m in Debts

SSO Clears $658m in DebtsSSO Clears $658m in Debts

Social Security Organization paid off 25 trillion rials (about $658 million) of its outstanding debts to hospitals amounting to 45 trillion rials ($1.18 billion) in the last Iranian year (ended March 20, 2017), the managing director of SSO said.

“It also paid bonus to the tune of 18.2 trillion rials ($478.94 million) ahead of the New Iranian Year holidays,” Seyyed Taqi Nourbakhsh was also quoted as saying by Mehr News Agency.

SSO provides social insurance coverage to wage earners and salaried workers, as well as voluntary coverage to self-employed persons.


Add new comment

Read our comment policy before posting your viewpoints