Bombshell claim: A figure of 3 has been set for the lowest pension payment.

The government's economic policymakers came together for important regulations regarding the year 2025. The agenda includes critical topics such as minimum wage, the lowest pension amount, and income tax brackets. As the work intensifies ahead of the Minimum Wage Determination Commission, which will convene in December, information from behind the scenes continues to attract public attention.

CLUES OF A NEW ERA IN MINIMUM WAGE

The minimum wage to be implemented in 2025 will be clarified in the commission meetings starting in the first week of December. The proposal, which will be shaped as a result of negotiations between unions, employers, and government representatives, will be submitted to President Recep Tayyip Erdoğan for a final decision.

THE FIGURE WILL NOT FALL BELOW 23 THOUSAND TL

According to leaked information from behind the scenes, it is estimated that the minimum wage for 2025 will not fall below 23 thousand TL, but will also not exceed 25 thousand TL. While a surprise decision from Erdoğan is not expected, the high wage demands of the unions and the efforts of employers to maintain budget balances will determine the course of the negotiations on the table.

THREE OPTIONS FOR RETIREES

The government is conducting its work to increase the lowest pension amount through three alternatives. Currently, analyses are being conducted on scenarios of 14 thousand, 15 thousand, and 16 thousand TL for the lowest pension, which is currently 12 thousand 500 TL. According to the results of financial reports, the possibility of 14 thousand TL appears to be lower, while expectations are concentrated on 16 thousand TL.

REGULATIONS COMING TO THE TAX SYSTEM

The income tax brackets, which increase every year according to the revaluation rate, are under criticism for their structure, which particularly burdens low and middle-income groups. Employees earning salaries close to the minimum wage transitioning to a higher tax bracket during the year creates injustices by leading to decreases in salaries.

This situation has prompted the government to take action in response to calls from the business world and civil society organizations. A new regulation regarding income tax brackets is being worked on. The reduction of the first tax bracket rate of 15% is also on the agenda. However, the details and rates of the regulation have not yet been clarified. Economic regulations for 2025 contain significant changes that concern broad segments of society. Final decisions are expected to be announced in the coming weeks.