How much was my retirement payment? Who will receive the pension increase, how much?
The pension increase remained at 25 percent despite the CHP’s 34 percent increase and the SP’s proposal 8077, despite MHP leader Devlet Bahçeli’s request for a substantial increase. The 25 percent increase will not apply to the lowest pension, which was previously raised from 5,500 lira to 7,500 lira.
HOW MUCH WAS MY RETIREMENT INCREASE?
There was no change in the regulation, which is included in the stock market law and includes a 25 percent increase for the pensioner. The 25 percent increase in the commission was accepted in the General Assembly.
34 PERCENT AND 8077 SEYYANEN PROPOSAL REJECTED
While Article 18, which regulates the increase, was being discussed, CHP deputies presented a proposal containing a 34 percent increase in pensions. However, this proposal was rejected by AKP votes. CHP Rize MP Tahsin Ocaklı said: “Those who buy 7,500 lira will never get an increase. An average of 9 million retirees are awaiting the decisions that will get them out of this situation below the hunger limit. I wish we could have made a good decision for retirees together. AKP members, I beg you to make a regulation for pensioners together. Otherwise, it will be a stain on your history,” he said.
The SP deputies also presented a proposal for an increase of 8077 lira, in addition to 25 percent. This proposal was also rejected by AKP deputies. SP İzmir MP Mustafa Bilici said: “The pensioner cannot go to the cafeteria for tea and he is sentenced to house arrest. The increase granted to the civil servant must be granted to the pensioner, and the minimum pension must be increased to 15 thousand liras. The MHP deputies did not act alongside the AKP and did not vote against the CHP and SP resolutions.
HOW MUCH WAS THE RETIRED SALARY?
Since no change has been made to the pension article, retirees from SSK and BAĞKUR whose root pension is less than TL 7,500 will continue to receive the same salary.
WHY IS NOT 25 PERCENT ADDED ON 7 thousand 500 TL?
The subject that is most curious and misunderstood among retirees is the lowest pension, 7,500 TL…
Since the minimum pension was increased from 5,500 lira to 7,500 lira in March, most retirees think that the 25 percent increase in July will add up to 7,500 TL.
However, while the lowest pension was increased from 5,500 lira to 7,500 lira in March, there was no increase in root pensions. In other words, without changing the pensions of retirees, a 2,000 TL Treasury support was given to only 5,500 lira, and it was ensured that it would increase to 7,500 lira.
WHO WILL TAKE HOW MUCH?
Therefore, the 25 percent increase that will be made at this time will be made for root pensions. In other words, retirees whose root pension is less than 7,500 TL after the 25 percent increase will still receive 7,500 TL per month.
A pensioner with a root pension of 6,300 TL is 7,875 TL; that is, only 375 TL will be collected.
Therefore, 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.
The lowest salary of retired civil servants will increase to 9 thousand 876 TL after a 25 percent increase.
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.