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Home > Economy News > Retiree pay raise on the table at Cabinet meeting

Retiree pay raise on the table at Cabinet meeting

Options for additional increases, flat-rate raises, and welfare shares for retiree pensions will be discussed at the Cabinet meeting in Beştepe.

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Published: 08.11.2026 23:15 Updated: 08.11.2026 23:18
Retiree pay raise on the table at Cabinet meeting

The Presidential Cabinet is meeting in Beştepe under the chairmanship of President Recep Tayyip Erdoğan with a busy agenda. At the top of the meeting's agenda will be the pension adjustment awaited by millions of retirees.

The technical work carried out by the economic management throughout the summer months is expected to be evaluated in the Cabinet. Options on the table include an additional increase on top of the inflation adjustment, a flat-rate raise that could cover all retirees, and the possibility of a welfare share.

Minister of Labor and Social Security Vedat Işıkhan is expected to make a presentation at the meeting. It is stated that the regulation will be shaped within the framework of budget possibilities, and the final legislative proposal is expected to come to the Parliament's agenda following the budget marathon in the TBMM.

OTHER TOPICS ALSO ON THE TABLE

Another topic of the meeting will be the comprehensive fund investigation conducted recently. It is expected that the interim payments to be made to investors in 131 investment funds decided to be liquidated, under the coordination of Ziraat Bank and the TMSF, as well as the processes for the collection of illicit gains exceeding 180 billion liras, will be discussed.

Security and foreign policy topics will also be on the Cabinet's agenda. Security reports from the field within the scope of the “Process for a Turkey Without Terrorism,” the latest status in the organization's disarmament calendar, and the work of the National Solidarity and Integration Coordination Board will be evaluated.

Preparations for COP31, security measures, and participation at the leaders' level ahead of the UN Climate Change Summit planned to be held in Antalya will also be reviewed. Under the heading of foreign contacts, Erdoğan's visit to Azerbaijan, the diplomatic traffic on the US-Iran line, and regional developments will be discussed.


News Source: 12punto

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Vedat Işıkhan cabinet meeting retiree pay raise Ziraat Bankası flat-rate raise welfare share Recep Tayyip Erdoğan TMSF