AKP LAWMAKERS PRESS MINISTER ŞİMŞEK FOR PENSION REFORM
During the AKP’s 33rd Consultation and Assessment meeting in Sapanca, lawmakers criticized Finance Minister Mehmet Şimşek over soaring living costs and low retirement pensions.
Analysis
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During the AKP’s 33rd Consultation and Assessment meeting in Sapanca, lawmakers criticized Finance Minister Mehmet Şimşek over soaring living costs and low retirement pensions.
Hundreds of defendants in the Istanbul Municipality trial can collect pensions, easing the financial strain many have suffered since the start of pretrial detentions in March 2025.
Millions of retirees in Turkey are waiting for official inflation data due on July 3 to learn how much their pensions could increase in the second half of the year. TurkStat will announce June inflation figures on July 3, revealing the inflation rate for the first six months of 2026. The data will determine the basis for pension adjustments. The parliament previously set the minimum pension for workers and self-employed retirees at 20,000 Turkish lira ($434) as of Jan. 1, 2026. Any increase to that minimum pension level will require a new legal regulation.