Increase in retirement pensions: 9 to 10 thousand lira with inflation.

Inflation plays a significant role in increasing retirement benefits. According to a survey of Central Bank market participants, inflation is expected to rise by 2.81% in the month of June. Based on this, the six-month inflation rate will be 18.50%.

Two different scenarios for increasing retirement benefits are currently under consideration. This increase will either be based solely on the six-month inflation rate or will include inflation plus a welfare component.

According to estimates from the Central Bank, if an increase occurs, the minimum retirement benefit will rise by 18.50%, increasing from 7,500 lira to 9,887 lira. However, there has also been discussion regarding the increase in the minimum wage. If this method is preferred, by adding the welfare component to the six-month inflation figure, the increase rate will rise to 34%. Consequently, the minimum retirement benefit would reach 10,000 lira.