High promotion for high pension: Banks heat up the competition

Millions of retirees have their eyes turned toward the pension raise rate. The raise rate will be determined by December inflation. With only days left until the end of the year, the promotion race among banks has also accelerated. Banks have increased the payments made for promotions to persuade their retired customers.

Pensions are raised at the rate of 6-month inflation. As of November, a 14.57 percent raise for retirees has been finalized. Considering the inflation expectations for December, retirees are expected to receive a raise of around 16-17 percent.

HOW MUCH IS THE HIGHEST PROMOTION?

Before the raise, banks have launched new campaigns to persuade more retirees. Promotion payments are determined according to the pension amount of the retirees. The banks' campaigns vary between 10 thousand TL and 20 thousand TL.

Higher promotion payments are made to those with high pensions. In addition to promotion payments, banks also offer different campaigns.

Banks have accelerated their efforts to gain more retirees before the new year.

According to the news in Ekonomim, promotion payments also increase at the beginning of every year in parallel with pensions. The clarification of banks' new year budgets and targets is effective at this point.

Some banks have brought forward their new year raises. This situation has led to the promotion race accelerating even further. Banks want to act early and sign 3-year contracts with retirees.

Experts state that better opportunities may arise for retirees starting from January.

At this point, it is stated that the increase in pensions may also increase promotion amounts. If retirees receive a pension left by their spouse or father in addition to their own pension, they can receive a second promotion. In such a case, agreements can be made with different banks for the two pensions.