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BackStatement from Minister Işıkhan on pension and minimum wage: 'We know it is not enough'
Statement from Minister Işıkhan on pension and minimum wage: 'We know it is not enough'
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Cumhuriyet19 minutes agoPolitics2 min readTürkiyeView original

Statement from Minister Işıkhan on pension and minimum wage: 'We know it is not enough'

Support was promised to retirees within budgetary means; 2027 minimum wage studies will start in December

Quick Look

  • Minister of Labor and Social Security, Vedat Işıkhan, announced that support will be provided to retirees within the framework of budget possibilities and that options such as a rolling raise and welfare share are on the agenda.
  • 2027 minimum wage studies will start in December.

AI-generated summary

Why It Matters

Salary adjustments are expected for millions of retirees. Minister Işıkhan promised support within the budget possibilities, but the exact rates have not been announced yet.

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While the work on the salary regulation awaited by millions of retirees continues, new statements came from the Minister of Labor and Social Security, Vedat Işıkhan.

While the draft preparations for the regulation for retirees are continuing in the AKP's Grand National Assembly Group, Işıkhan said in the television program he attended that support will be provided to retirees within the framework of budget possibilities.

'WE WILL TAKE STEPS TO SATISFY OUR RETIRERS'

Işıkhan stated that work for retirees continues and made the following statements:

We are following this issue closely. We will support our retirees by making good use of budget opportunities. Our work continues. As Türkiye, we have allocated a significant resource for our retirees.

Işıkhan also evaluated the current economic conditions of retirees and said:

We are aware of the situation our retirees are in. We will take important steps in this regard. We will take steps to satisfy our retirees. We will have good news.

Işıkhan also said, "We added a very large proportion to the budget, apart from the routine regarding retirees."

SEYYANEN'S RAISE AND WELFARE SHARE ARE ON THE AGENDA

It is claimed that the regulation regarding pensions focuses on progressive increase, welfare share and differentiated increase options according to the number of premium days.

A progressive increase in the lowest pension and a welfare share in addition to the increase in inflation are also among the options on the agenda.

An official statement has not yet been made regarding the amount and rates of the possible adjustment to be made according to the rolling increase, welfare share or number of premium days.

MINIMUM WAGE STUDIES WILL START IN DECEMBER

Işıkhan also announced that work on the 2027 minimum wage will begin in December.

Işıkhan said:

What to Watch

AI outlook — possibilities, not facts

  • Regular increase and welfare share will be applied to pensions

    Likely · Within weeks

  • 2027 minimum wage discussions will begin in December

    Very likely · Within weeks

Open Questions

  • What will be the monthly increase rate?
  • What are the welfare share amounts and criteria?
  • How will the differentiated increase based on the number of premium days be applied?
  • When will the regulation come into force?

Related Topics

This article was originally published by Cumhuriyet.

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