Mohammadreza Nabizadeh Arbabi,
year 16, Issue 63 (11-2024)
Abstract
The quality of investment management and the provision of financial resources from the retirement deductions of oil industry employees have serious challenges. "Investment and provision of financial resources" is one of the competencies of the oil minister. Moreover, one of the powers of the "Board of Directors" of National Iranian Oil Company is to "prepare draft regulations on retirement". The "Articles of Association" of pension and savings funds of oil industry employees have been approved by administrative authorities in the past years, in which the role of the oil minister is important. The position of the Minister of Oil in various laws and the explanation of his qualifications and other laws related to the pension funds of the oil industry show the authority of the Supreme Welfare and Social Security Council and the approval of the Board of Ministers as competent authorities in approving the fund's statutes.
