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Iraq May Delay November Pension Payments Until Monday Amid Funding Hold-Up

Iraq May Delay November Pension Payments Until Monday Amid Funding Hold-Up

remained unpaid as of Sunday evening, despite the National Retirement Authority announcing the completion of procedures to release the salaries, with expectations pointing to a possible delay until Monday due to limited liquidity and pending funding arrangements.

A well-informed source said the disbursement process had not yet been finalized, explaining that the release of pension payments depends on receiving the required funding notification and completing the remaining administrative and financial procedures.

The source added that payments could begin on Monday, provided the necessary funding notification arrives and the outstanding requirements are completed.

Earlier on Saturday, expectations had indicated that November pensions would be distributed on Sunday, as relevant authorities were working to finalize the technical and administrative preparations. However, delays in funding procedures appear to have postponed the anticipated disbursement.