According to the minimum wage system, the lowest pension will rise to 15,000 TL.

The Minister of Labor and Social Security, Vedat Işıkhan, announced last week that the minimum wage has been raised to 22,104 lira. This figure, which is used as a reference for salary increases in the private sector, has also been influential in determining the lowest pension amount in recent years.

Research shows that the lowest pensions paid to retirees have increased in proportion to the minimum wage over the years. In January 2023, the minimum wage was announced as 8,507 lira, while the lowest pension amount was 5,500 lira, which corresponds to 65% of this figure.

THE FIGURE WAS DETERMINED ACCORDING TO THE MINIMUM WAGE

In July of the same year, the minimum wage rose to 11,402 lira, while the lowest pension amount was confirmed to be 7,500 lira, which corresponds to 66% of this figure. In 2024, the minimum wage closed the year at 17,002 lira, while the lowest pension amount was 12,500 lira, which corresponds to 73% of this figure.

POSSIBLE OPTION ON THE TABLE IS 15,000 LIRA

SGK experts, recalling that in recent years the lowest pension amount in the January increases has averaged 68% of the minimum wage, pointed out that the possible option on the table for the lowest pension amount is 15,000 lira.