
AI-generated summary
In last year's MTP, it was emphasized that OKS would turn into TES and the second quarter of 2024 was targeted. The regulation attracted reaction from unions due to its effects on severance pay.
In the MTP published last year, under the title of "increasing savings", it was emphasized that "TES will be established, in which the Automatic Participation System (OKS) will be transformed into a second-stage retirement system with the contribution of employers." The second quarter of this year was given as the timetable for the implementation of the system. The TES regulation was also included in the MTPs published in previous years. The regulation had drawn reaction from unions for years. Unions were opposing the practice, pointing out that severance pay would also be added to this system. It was intended that the regulation should not be mandatory. In his statement last year, Türk-İş President Ergün Atalay reacted to the news that the participation of all employees in TES would be mandatory and said the following:
"As if our problems were not enough, there has been talk about supplementary retirement lately. We already pay 14 percent premium. They tell us 'pay another 3 percent'. Nobody should force us to do this. Anyone who wants to participate should join, whoever wants to should not participate. 14 percent is not a small number. 3 percent is not a small number either. You deduct the tax from our salary. I work for 12 months, 2 months of it goes to tax. These are not fair regulations. There was BES, now there is TES. This is "They shouldn't make it compulsory. This is not an acceptable regulation."
LEFT OVP
The government, not wanting to attract the reaction of the workers in the elections expected to be held next year or in the spring of 2028, took a step back from this regulation. TES was not included in the new MTP announced the other day. It was said in the program:
"Fund diversity in OKS will be increased to take into account the different risk perceptions and preferences of the participants, arrangements will be made to simplify the deductions, and in this context, the attractiveness of the system will be increased and the fund amount and number of participants will increase."
TES was not mentioned in the text.
'FLEXIBILITY' APPEARS AGAIN!
Meanwhile, the OVP also included a regulation for the dissemination of "flexible working" models. In the program, it was stated that "Effective implementation of the legislation regarding new generation working models will be ensured, secondary legislation studies will be completed and flexicurity will be expanded." The main criticism of the unions on this issue was that "flexible working" arrangements constitute precarious employment. It was noteworthy that the program emphasized "flexicurity" in order to reduce reactions.

Turkish Airlines will be the main and shirt sponsor of Liverpool football teams starting from the 2027-28 season. With this agreement, which will start in June 2027, the main sponsor of the club is changing after 17 years.

A new ceiling price tariff for school canteens was announced before the new academic year in Istanbul. While there was an average increase of 6.8 percent in canteen prices, toast and ayran became 130 lira.

Crytek affected at least 30 employees with the layoffs it carried out in its Istanbul and Frankfurt offices. The entire quality assurance team in Istanbul was liquidated.

Economist Prof. Dr. Hakkı Hakan Yılmaz calculated the raise rates for civil servants and retirees in January 2027, according to the 2026 inflation forecast in the MTP; He drew attention to the risks of energy prices on inflation.
BIST 100 index at Borsa Istanbul started the day at 14,151.80 points with an increase of 0.22 points. On global markets, geopolitical risks and inflation concerns in the Middle East continue to have an impact.

Agriculture and livestock supports were increased by Presidential Decrees. The support coefficient per decare in crop production was increased from 310 lira to 367 lira. Lentil and chickpea planned production support was increased by 141% to 884 lira per decare. Lentil and chickpea support for 2027 will be 1326 lira per decare. There was a 43% increase in cattle and sheep farming supports. In the use of certified seeds, supports were updated with a 101% increase in soybean and peanut and a 201% increase in chickpeas and fodder peas.