How much is the pension increase? How much was the pension?
While the pension was crushed by inflation, the citizens who wanted to breathe a little waited for the date of the increase. The Turkish Statistical Institute (TUIK) announced the inflation figures for June.
HOW MUCH WILL THE RETIREMENT SALARY BE?
Except for the inflation figures and social participation, the rate of increase of SSK and Bağ-Kur retirees has also been determined. Salary increases for retirees from SSK and Bağ-Kur in July will be made at the 6-month CPI rate of the CPI of January and June 2023.
The lowest root pension of SSK members before 2000 was TL 6,000 93. When these pensions increase by 19.73 percent, the monthly root will increase to 7,295 TL, and after July they will continue to receive 7,500 TL per month.
In January, the lowest salary of retirees, who received a 30 percent increase in social participation, increased to 7,500 TL. Along with social participation, the increase in the pension will be determined by the Ministry of Labor and Social Security.
WILL THE MINIMUM RETIREMENT WAGE INCREASE?
No message was given that the minimum pension will be increased, which is 7,500 TL. The pensions of approximately 9 million retirees were leveled at 7,500 lira. With the increase that will be made, the number of those who receive a salary of 7 thousand 500 TL will decrease.
For example, a pensioner with a root pension of TL 6,500 will receive TL 7,800 as salary. That is, she will only have received an increase of 300 lire.
Source: Sozcu
Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.
