Pension for All

Pension for AllPension for All

Based on a scheme introduced by the ministry of labor and welfare, nearly 5 million people who are without a retirement plan will be able to receive pension. Head of the social security office at the ministry of labor, Esmail Gorjipour, said the plan would provide “umbrella coverage” for people who make less than $160 a month or those with disabilities who are otherwise uninsured. Gorjipour, quoted by ISNA, added that 15 million workers in the country have pension coverage while 5 million do not.