The Impact of Government Intervention in Pension Funds for the Purpose of Achieving Social Justice

From the perspective of the [Iranian] Constitution, social justice cannot be achieved through near reliance on pension funds, since such funds are based on principles of profitability, stability, and providing services to the insured. This is so while the purpose of the constitutional legislator in paragraph 12 of Article 3 of the Constitution is to promote welfare and fight poverty in order to achieve social justice for everyone. Therefore, the subject of this paper is about the extent of government intervention in pension funds in order to achieve social justice. The present study aims to examine the principles governing a successful social security plan along with government intervention in pension funds. In this regard, the [Iranian] Social Security Pension Fund has a special place on which the study is focused using documentary-library data with emphasis on the content analysis of the [Iranian] Constitution. The hypothesis of the research is that exercising executive-branch authority in order to implement paragraph 12 of Article 3 and Article 29 of the Constitution should be regarded as undue interference in the way pension funds, and in particular the [Iranian] Social Security Fund invest their capital.