Latest status on the lowest pension regulation 2025: How much is the lowest pension, has the regulation been passed by the Parliament? All eyes on the Official Gazette
Minister of Labor and Social Security Vedat Işıkhan answered questions from reporters following the Cabinet Meeting held at the Presidential Complex under the presidency of President Recep Tayyip Erdoğan. In response to a press member’s question about whether the lowest retirement pension figure would be increased, Işıkhan said the following: “When the June inflation figure is determined on July 3, the CPI for the first 6 months of the year will be revealed. We will hold the necessary meetings under the presidency of our Minister of Treasury and Finance and Vice President Cevdet Yılmaz. Then, the figure regarding the issue will be presented to the Parliament very soon. The discretion belongs to the Grand National Assembly of Turkey. Our Group Chairman Abdullah Güler also made the necessary statements regarding the issue. Hopefully, it will be beneficial for our retirees.”
When asked whether the lowest retirement salary would be increased, Güler reported that they held meetings with Minister of Labor and Social Security Vedat Işıkhan and Minister of Treasury and Finance Mehmet Şimşek under the direction of President Recep Tayyip Erdoğan, under the presidency of Vice President Cevdet Yılmaz. Expressing that they requested information for the impact analysis on this issue, Güler stated that the inflation difference for civil servants and retirees would be revealed with the announcement of TÜİK data on July 3. Reminding that the lowest retirement salary is 14 thousand 469 liras, Güler conveyed that this figure concerns 3 million 716 thousand retirees. Güler said, "We will evaluate the figures and rates with impact analyses. I estimate that our bill will be discussed in the Planning and Budget Commission on Thursday. After the figure is announced, we will make our final evaluation and clarify the figure. The regulation will be added to this proposal."
The lowest retirement salary had increased to 14,469 lira with the latest increase. With the announcement of lower than expected June inflation, the lowest retirement salary has started to be recalculated. The lowest retirement salary regulation was made according to the total inflation of the previous year's 6 months. With the announcement of 1.37 June inflation by TÜİK, the total inflation of the 6 months was announced as 16.67. Accordingly; The lowest retirement salary increased from 14,469 lira to 16,881 lira with the passage of the regulation in the Parliament.
According to the Bill of Law on Amendments to Certain Laws and Decree Law No. 375, which was accepted by the TBMM Planning and Budget Committee, the lowest retirement salary will be increased to 16 thousand 881 liras as of the July payment period.
This provision will enter into force on the date of publication of the regulation, to be applied as of the July payment period.
ntv
