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Reading: Turkey weighs one-off pension top-up of 10,000 to 15,000 lira
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MacroHerald > Latest News > Economy > Economic Data > Turkey weighs one-off pension top-up of 10,000 to 15,000 lira
Economic Data

Turkey weighs one-off pension top-up of 10,000 to 15,000 lira

Enver Adıgüzel
Last updated: 4 November 2026 18:45
Enver Adıgüzel - Editor and Publisher
10 minutes ago
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A one-off flat pension increase of 10,000 or 15,000 Turkish lira is being studied for pensioners, NTV reported, citing AK Party officials. The reporter, Özgür Akbaş, said an year-end inflation difference payment is also under consideration. A welfare-share bill is expected to go to parliament after the budget work is finished.

Contents
  • Cost estimates and options
  • Labour ministry response

Cost estimates and options

The reported cost to the Treasury is 2.16 trillion lira a year for the 10,000 lira option and 3.24 trillion lira for the 15,000 lira option. Roughly 18 million people receive pensions in Turkey.

The choice between a welfare share and a flat increase is being decided with reference to the system of income-supplementing family support, Akbaş said.

Labour ministry response

Labour and Social Security Minister Vedat Işıkhan said the ministry is working on improvements for pensioners in addition to the existing legal increases. The changes are targeted to apply from January 2027. Results will be shared with the public and submitted to parliament, he said.

Civil servants will receive a 5 percent pay increase in 2027, followed by a further 4 percent under the 2026-2027 collective agreement.

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Source: NTV

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TAGGED:inflationpensionsseyyanen zamtreasuryturkeywelfare share

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ByEnver Adıgüzel
Editor and Publisher
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Enver Adıgüzel is the editor and publisher of MacroHerald. He holds a degree in Economics from the Faculty of Economics and Administrative Sciences at Kırıkkale University and an MBA. He writes on central bank policy, currencies, government bond markets and the economic data that move them.
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