How much will the lowest pension be? There are three different scenarios

Following the announcement of December inflation figures by the Turkish Statistical Institute (TÜİK), the salary increase rate for retirees has become clear. The salary increase for SSK and Bağ-Kur retirees has been set at 15.75 percent. So, will the 4.2 percent gap be closed? How much will the lowest pension be? Here are the details...

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How much will the lowest pension be? There are three different scenarios

Following the announcement of December inflation figures, the inflation adjustment expected by SSK, Bağ-Kur, and civil servant retirees has been determined. The retiree salary increase rate has been set at 15.75 percent.

How much will the lowest pension be? There are three different scenarios

CHANGES IN THE LOWEST PENSION:

July 2023: 7 thousand 616 TL
January 2024: 10 thousand TL
July 2024: 12 thousand 500 TL
January 2025: 14 thousand 469 TL (it could be 15,000 TL with the expected increase)

3 SCENARIOS FOR THE LOWEST PENSION

Three different scenarios regarding the lowest pension have come to the agenda. Journalist Faruk Erdem stated that the salary increase would be 14 thousand 469 TL based on the 15.75 percent inflation adjustment. However, if the salary is rounded up to 14 thousand 500 TL for a round figure, the increase rate rises to 16 percent. If a further increase is made, a figure of up to 15 thousand TL could be discussed. In that case, a 20 percent increase is projected.

How much will the lowest pension be? There are three different scenarios

CHANGES IN THE LOWEST PENSION

July 2023: 7 thousand 616 TL
January 2024: 10 thousand TL
July 2024: 12 thousand 500 TL
January 2025: 14 thousand 469 TL (it could be 15,000 TL with the expected increase)

How much will the lowest pension be? There are three different scenarios

3 SCENARIOS ON THE TABLE FOR THE LOWEST PENSION

There are 3 different scenarios on the table regarding the lowest pension. According to journalist Faruk Erdem, he stated that the salary increase would be 14 thousand 469 TL based on the 15.75 percent inflation adjustment. However, if the salary is rounded up to 14 thousand 500 TL for a round figure, the increase rate rises to 16 percent. If a further increase is made, a figure of up to 15 thousand TL could be discussed. In that case, a 20 percent increase is projected.