How much was my retirement payment?
The pension increase was increased from the normal inflation rate of 17.55 percent and 19.77 percent to 25 percent with the additional social participation. Under the proposals, the 25 percent increase will not apply to the lowest pension, which was previously increased from 5,500 lira to 7,500 lira.
HOW MUCH WAS THE LOWEST MONTH?
The normal inflation increases of 17.55 percent and 19.77 percent for retired civil servants, workers, merchants, and farmers will increase to 25 percent with the additional social participation.
According to the approved proposal, the 6-month increase in the July term for all retired civil servants, workers, merchants and farmers, including EYT members, was increased to 25 percent. The lowest monthly amount applied as 7,500 lira did not benefit from the increase.
In addition to the normal increase of 17.55 percent, civil servants were paid 8,077 lira for social participation, and this amount was not reflected in any retiree.
In line with the consumer inflation announced by TÜİK, the government announced the increase of retired civil servants by 17.55 percent and the increase rate of other retired workers, merchants and farmers by 19.77 percent.
With the new proposal accepted, the rate of increase for all retirees was equalized at 25 percent. With the new increase, the pension of the lowest retired civil servant, which was 7,901 lira, was increased to 9,876 lira with an increase of 25 percent.
WHEN WILL THE SALARY INCREASE BE PAID?
The package of laws, which includes civil servant salaries and tax increases, moved to Parliament’s committee stage by adding an article to increase the pension increase determined for the first six months to 25%.
With the articles added to the proposal, which was accepted over the weekend in the Planning and Budget Committee of Turkey’s Grand National Assembly, retirees from the Pension Fund, Bağ-Kur and SSK will receive a 25% increase in total for six months of the year. The regulation will enter into force on the date of its publication, to be implemented from July. The proposal, whose commission stage has concluded, will be discussed at the General Assembly of the Turkish Grand National Assembly on July 11.
MINIMUM WAGE 7500 LEFT LIRA
Under the proposals, the 25 percent increase will not apply to the lowest pension, which was previously increased from 5,500 lira to 7,500 lira. The retirement increases will be made only to the root pensions. According to this, for example, a pension of 6 thousand lira and a pension of 7,500 lira with the support of the Treasury will be increased by 25 percent to a root pension of 6 thousand lira.
This pensioner’s pension will increase to 7,500 lira, but this pensioner will not be able to receive an additional increase since he receives 7,500 lira per month. The Treasury will not have made any support payment to this pensioner. Instead, for example, the pension of a retiree whose root pension is 6,500 liras and who receives 7,500 liras with the support of the Treasury will increase by 25 percent, so the pension will increase by 6,500 liras . to 8 thousand 125 lire.4
All retirees who still receive a pension of 7,500 lira and whose root pension is less than 6,000 lira will remain without an increase and will continue to receive a pension of 7,500 lira.
25 PERCENT ROTARY INCREASE
The economic bag proposal, which includes a 25 percent increase for retirees from SSK and Bağ-Kur, was accepted by the Planning and Budget Committee of the Grand National Assembly of Turkey. Retirees, whom we asked their opinion on the increase, said that 25 percent was not enough. Citizens claimed that the pension should be at least 15 thousand lire.
“I HAVE TO WORK”
Zeki Demirkan, who said he retired two years ago but still works for a living, said: “It’s not enough. As a retiree, it doesn’t seem like enough to me to have to work. What does that do? We have to put young people out of work. .I’ve been retired for two years.I’ve been working for two years.I can’t get by.My salary is barely enough for the bills.Food for him.Thank God I don’t have rent.Where’s the hunger line?Where are we? The pension must be at least 15,000 lire,” he said.
Explaining that they had difficulty earning a living, Hayri Kılıç said, “This increase is insufficient. It’s so hard to get by now. It’s been 25 years since he retired. We are fighting to get ahead. We are struggling financially. Everything is too expensive. “Purchasing power has also decreased,” she said.
“We are used to eating bland, walking on foot”
Zeynep Kılıç said: “The pensioner will eat soft and walk on foot”, “What a shame.” He will eat bland, he will walk on foot. It must be at least 15 thousand lira. I’m the one who runs the house. We live on a salary. We cannot give pocket money to our grandchildren. Do you know how much we suffer? Fortunately we are used to eating bland, walking, we don’t have another life like that. Otherwise, we get by without going hungry.”
“WE LIVE A STANDARD LIFE”
Saying that they couldn’t even go on vacation, Sema Aylakçı said, “25 percent is not enough. I am also retired. My salary is much lower than the minimum wage. 8 thousand pounds. The pension must be at least 15 thousand lira. We limit our lives. We can’t go on vacation. We live a standard life. We also want to go on vacation. So much to tell. It’s forbidden,” he said.
“IMPOSSIBLE TO GO”
Retired teacher Ahmet Aylakçı, who claimed that retirees were crawling, said: “It is not enough. I have been retired for 19 years. I am a retired teacher. I have a couple rentals left by family. Otherwise, it is not possible to earn a living. They will keep crawling. They made their own decision. It is difficult to live with only one pension. It is found in most foods.” (PHOENIX)
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.