Will those who receive a widow’s and orphan’s pension receive a retirement bonus of 5,000 TL and how much will they receive?

It was announced that a one-time retirement bonus of 5,000 lira will be granted as part of social assistance to retirees whose purchasing power is decreasing day by day following rising inflation, but only a part of the almost 15 million retirees will be able to receive the bond. The retirement bonus, which is expected to be deposited into accounts in the first two weeks of November, will also be reduced depending on the situation of those receiving widow’s and orphan’s pensions.

WILL THOSE WHO RECEIVE A WIDOW’S AND ORPHAN’S PENSION RECEIVE A RETIREMENT BONUS?

Those who are widowed and have no children are expected to benefit from the bonus at the rate of 75 percent, those who are widowed and have children at the rate of 50 percent, and orphans at the rate of 25 percent.

Accordingly, it is stated that payments for citizens with children and widows will be 2,500 TL, and the payment for orphans will remain at 1,250 TL.

THE SEYYANEN INCREASE WAS NOT GIVEN TO THE RETIRED PUBLIC OFFICIAL

With the law passed by the Turkish Grand National Assembly in July, the salaries of all civil servants increased by 8,000 lira, and the lowest salary of civil servants was increased to 22,000 lira.

However, despite all the demands and reactions, retired officials did not receive a progressive increase and the lowest salary for retired officials is 9,876 TL.

AFTER THE ELECTIONS, THE BELT WAS TIGHTENED, THE RETIREES WERE FORGOTTEN

The government, which reduced interest rates and raised wages and curbed the rise in exchange rates before the elections, made a 180-degree turn in its economic policy after the elections.

After Mehmet Şimşek was appointed Minister of Treasury and Finance, the Central Bank’s policy interest rate (CBRT) was increased from 8.5 percent to 30 percent, while interest rates on overdue credit cards increased from 29 percent to 72 percent.

While the dollar exchange rate, which was around 19 lira before the election, was gradually reduced to 27 lira after the election, tax increases were made on many items, especially SCT, VAT and MTV.

While inflation rose rapidly after the election and, according to ITO, exceeded 73 percent in September, the government deemed it appropriate to pay half the hunger level to retirees.