SAFAKNA TURKEY – President Recep Tayyip Erdogan noted that the minimum wage, civil servants, pensions and payments, which will affect the income of all segments, will be significantly increased in early 2023, and stressed that the loss of wealth caused by inflation will be gradually eliminated.
Turkish Association of Pensioners (TÜED) chairman Kazim Ergün said that the lowest pensions are well below the minimum wage and asked for an increase in pensions in proportion to the increase in the minimum wage. Kazim Ergün, Chairman of the Turkish Association of Pensioners (TÜED), recalled that the minimum wage, which will be valid in 2023, is set at 8,506 lira net.
There are pensioners who receive the lowest wages. It was too low. The day it was announced wasn’t bad, a bit inflationary. Who are they? They have not completed the number of premium days, they are mainly from Baghkur. The state said, “Let’s give these people the opportunity to borrow money.” The bonus was paid out of a pension to which they tied their debts. This is social support. Their number is about 500 thousand. They will be reviewed and reorganized, just as we ordered that the social state should not leave anyone without free income.
The question of what the lowest pension can be will arise after all these increases and rates are determined. Pensions are associated with a premium. The opposition says no one should pay bonuses. Something that removes that link. We receive a pension by paying an insurance premium. Not to be confused with minimum wage. The logic of providing a pension, even if it does not pay a supplement, is not sustainable. Our method is to raise the lowest of them, taking into account the inflationary difference, to those that are higher.
Depending on the probability of inflation, the rate of increase in SSK and BAĞ-KUR pensions in January will be as follows:
Annual inflation Wage increase
65.2 percent 16.05 percent
70.5 percent 19.75 percent
73.7 percent 22.03 percent
78.6 percent 25.45 percent
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