Find news published in the date range below
and and
and and
and and
Clear
Euro
Arrow
53,9553
Dollar
Arrow
44,7367
Sterling
Arrow
63,0076
Gold
Arrow
6311,6788
BIST 100
Arrow
10.729

Number of retirees who will receive 0% raise revealed: Here is the table

Following the announcement of June inflation by TUIK, the raises retirees will receive have been determined. Because the raise is applied to the base pension, millions of retirees will not receive a raise. Here are the base pensions and the salaries retirees will receive...

Don't leave your news choices to an algorithm - decide for yourself what you read. Add 12punto to your preferred sources!
Number of retirees who will receive 0% raise revealed: Here is the table

TUIK announced June inflation at 1.38 percent. The six-month inflation difference was calculated at 24.73 percent.

Thus, the raise that retirees will receive has been determined. 

According to the report by Erdoğan Süzer from Sözcü; because the inflation raise is applied to the base salaries of retirees, approximately 3.6 million retirees will receive a zero raise in July.

For example, for retirees whose base salary is 6,500 liras and who have been receiving a monthly salary of 10,000 liras since the beginning of the year with Treasury support, the base pension will rise to 8,107 liras. However, the money they receive will remain at 10,000 liras. 

In other words, this retiree will have received no raise at all. Similarly, a zero raise will be applied to all retirees whose base pension remains below 8,020 liras. 

Millions of low-income retirees whose base pension is above 8,017 liras but below 10,000 liras will also have to settle for a raise lower than 24.73 percent. 

Here is the table:


News Source: 12punto

Inflation pension pension raise