The increase will be 24.73 percent for Social Security Institution (SSK) and Bakur retirees, and 19.31 percent for civil servant retirees, increasing the basic pension and supplementary payment. In addition, a new supplementary payment limit will be applied from this month to provide financial support to retirees.
New Additional Payment Limits
The new limits, which replace the previous practice of fringe benefits, mean that the rate of fringe benefits given to retirees each month will depend on the amount of their basic pension: in the second half of 2024, retirees with a basic pension of less than 8,513 TL will receive an additional 5% and retirees with a monthly pension of more than 8,513 TL will receive an additional 4%.
Payroll
For example, for SSK or Bağ-Kur retirees with a root pension of 15,000 TL, it will increase by 24.73% to 18,709.50 TL. There will also be an increase in the retiree’s surcharge calculated according to the new basic pension.
Example 1
current situation
Monthly route: 15,000 TLAdditional payment (4%): 600 TLTotal payment: 15,600 TL
With the new regulations
Monthly route: 18,709.50 TLAdditional payment (4%): 748.38 TLTotal payment: 19,457.88 TL
These examples provide further details on how retiree salary increases and supplemental pay are calculated. The impact of the new regulations on retirees includes important measures to increase retirees’ financial security.
Other Regulations Under the Omnibus Act
In addition to these changes related to SSK, Bakul and retired civil servants, issues such as natural gas tariff subsidies and an additional 3600 indicators will also be addressed within the scope of the Omnibus Law. These regulations are expected to have a positive impact on the living standards of retirees.
