aliakbar masoumi; seyed mohamad hashemi; vali rostami
Abstract
One of the mechanisms that is foreseen in the Iranian legal system to monitor retirement funds and to create synergies between them is the aggregation of retirement funds. Combining funds in terms of pooling of funds by maintaining their own legal personality under the supervision of a superior institution ...
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One of the mechanisms that is foreseen in the Iranian legal system to monitor retirement funds and to create synergies between them is the aggregation of retirement funds. Combining funds in terms of pooling of funds by maintaining their own legal personality under the supervision of a superior institution will lead tomultiple desirable effects. The present article, which aims to study the feasibility of aggregation of Iranian retirement funds, has been reviewed in three sections in order to examine the necessities, sources and authorities and the obstacles before aggregating funds. The results suggest that it is necessary for their integration in the current situation due to the lack of coordination between the funds, the lack of effective monitoring thereof, as well as the disregard of some government policies by the funds. However, although the legal framework for this action is largely available in Iran, there are obstacles such as the conflict of aggregation with the independence of the funds, the conflict with the policy of downsizing the government and the disapproval of high-ranking officilas.
