What is civil servants pension organization?

Civil Servants Pension Organization (CSPO) is a government agency responsible for the management of pension benefits for retired civil servants in Iran. Established in 1962, the organization is mandated to provide financial support and pension benefits to government employees who served at least 15 years in the civil service and have reached retirement age.

CSPO manages various types of pension schemes, including defined benefit plans and defined contribution plans, and offers different payment methods, such as monthly payments or lump-sum payments. The organization also provides additional benefits to the spouses of the deceased civil servants.

CSPO is managed by a Board of Trustees consisting of representatives from different government agencies and is overseen by the Ministry of Economic Affairs and Finance. The organization is funded by the government and operates as a non-profit entity.

CSPO is committed to ensuring the financial security of retired civil servants and their families by providing reliable and sustainable pension benefits. The organization also aims to improve its services and increase its efficiency through technology and innovation.