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BackAre retirees opening the door to additional raises? Remarkable statement from Abdulhamit Gül
Are retirees opening the door to additional raises? Remarkable statement from Abdulhamit Gül
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Cumhuriyet12 minutes agoPolitics1 min readTürkiyeView original

Are retirees opening the door to additional raises? Remarkable statement from Abdulhamit Gül

AKP Group Deputy Chairman Abdulhamit Gül stated that efforts are continuing to regulate pensions and that Erdoğan has given instructions to the economic management.

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AKP Group Deputy Chairman Abdulhamit Gül announced that President Erdoğan gave instructions to the economic management for pensions and that the studies will be completed and become law.

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Why It Matters

New regulation and improvement efforts regarding pensions are carried out by the economic management.

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While the work for the new regulation on pensions continues, remarkable statements came from AKP Group Deputy Chairman Abdulhamit Gül. Gül stated that AKP President Recep Tayyip Erdoğan gave instructions to the economic management regarding the salaries of retirees and said that the regulation will become law after the completion of the studies.

INSTRUCTION FROM ERDOĞAN TO ECONOMY MANAGEMENT

AKP Group Deputy Chairman Abdulhamit Gül answered the question about whether a new regulation will be made for retirees.

Stating that AKP is carrying out work on retirees, Gül said that Erdoğan gave instructions to the economic management both at the cabinet meeting and the Central Decision and Management Board (MKYK).

Gül made the following statements on the subject:

Studies on this issue continue. Our esteemed President gave instructions to the economic management in both the cabinet and MKYK. They have given strong instructions to ensure that our retirees get the salary they deserve, and our Minister of Finance, our Minister of Labor and our economic management are working on this issue. We believe that it will be the most equitable result that will satisfy our citizens. It becomes law after the studies are completed.

DETAILS OF THE RETIREMENT PAGE REGULATION HAVE NOT BEEN CLEAR YET

Different options are being evaluated in studies regarding pensions. The emphasis is on taking into account income differences among retirees and preparing the regulation within the framework of equity.

In addition to legal salary increases, additional improvements are also among the options on the agenda. However, the method by which the regulation will be implemented and how much additional increase will be provided to retirees has not yet been announced.

AGE AND BONUS DAY CRITERIA ARE ON THE AGENDA

In studies on pensions, the evaluation of criteria such as the number of premium payment days, age and income status is also on the agenda.

In this context, the focus is on reducing the income differences between retirees who pay premiums for a long time and retirees who have fewer premium days and creating a more balanced structure between salaries.

Gül also emphasized that Erdoğan gave strong instructions to the economic management so that citizens should not be oppressed by the high cost of living and inflation.

What to Watch

AI outlook — possibilities, not facts

  • Enactment of pension regulation

    Likely · Within weeks

Open Questions

  • When will the regulation come to parliament?
  • How much additional increase will be provided to retirees?

Related Topics

This article was originally published by Cumhuriyet.

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