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Iran lawmakers pass bill raising retirement age for men
![IndiaTimes]()
Tuesday, 21 November 2023
The Iranian parliament has approved a bill to raise the retirement age for men to 62 and increase the number of years of employment required for a full pension. The bill aims to address pension fund shortfalls and still requires approval from the Guardian Council. Male employees will now need to work 35 years instead of 30 before retiring with a full pension, while the retirement age for women will remain at 55. Iranian officials have expressed concerns about severe shortfalls in pension funds due to the economic crisis and US sanctions.
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Tuesday, 21 November 2023
