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After the additional increase in pensions, the increase will be paid separately to citizens. Millions of retirees received a 24% salary increase in July and are waiting for the announcement date of the 24% difference in the increase.
When is the retired pay difference paid?
Within the scope of increasing the Social Security Institution (SGK) minimum pension to 12,500 liras, the pension difference will be deposited into the account on August 7.
“To the extent that the minimum pension is increased to 12,500 liras for the contribution period ending July 2024, the monthly difference payment will be paid on August 7,” the SSI said in a statement.
What is the minimum retirement wage?
AKP Group Chairman Abdullah Güler announced at the end of his term that the minimum pension will be increased from 10,000 liras to 12,500 liras.
It will affect 3.7 million pensioners
Three million, 703,788 retirees will benefit from the new rules.
It was announced that the pension increase will cost the budget 33.2 billion liras over 6 months.
As inflation data was released earlier this month, wages for civil servants and retired civil servants rose by 19.3 percent in July, while those for SGK and Bağ-Kur retirees rose by 24.73 percent.
However, the increase for retirees whose basic pension is less than 8,003 383 liras is 0%.
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