The former CEO of the Steel Pension Fund, in a controversial statement, referred to the bankruptcy of all pension funds and considered it a wake-up call for the future of pensioners. Hossein Alaei clearly stated that the current situation of these institutions indicates a deep and structural crisis that must be taken seriously.
Financial Crisis and Threat to Pensioners' Livelihoods
He emphasized that these funds were supposed to guarantee the pensions of government retirees, but their functionality has become fragmented and unstable. Alaei pointed to the financial challenges and budgetary constraints of the government and added that these problems require major and serious decisions. While the government is unable to cover the necessary costs, the future of pensioners' livelihoods is at risk.