20.10.2026 08:30
While millions of retirees have their eyes on the increase to be made to their pensions in 2027, a detail in the budget proposal submitted to Parliament brought expectations of an additional raise onto the agenda. Economist Prof. Dr. Hakkı Hakan Yılmaz stated that a 66 percent increase is envisaged in budget transfers to the Social Security Institution (SGK), and said this could be linked to the possibility of providing an additional raise or social support to retirement pensions.
The resource increase for the Social Security Institution included in the 2027 budget proposal has raised the question of whether pensions will receive an additional increase.
Economist Prof. Dr. Hakkı Hakan Yılmaz, in his assessment for ANKA, stated that the most striking development among the budget's expenditure items was the projected 66% increase in transfers to the SGK.
Yılmaz noted that this increase could be a sign of a new arrangement covering retirees.
POSSIBILITY OF AN ADDITIONAL INCREASE FOR RETIREES
Yılmaz, saying that the resource planned to be transferred to the SGK could have different reasons, drew attention to the possibility that one of them could be an additional increase in retirement pensions or an increase in social support for retirees.
Yılmaz explained the possible reasons for the increase in the budget with these words:
"First, covering the deterioration in the SGK's financial balance due to the removal of the state contribution with additional budget financing; second, providing an additional increase in retirement pensions or social support; third, expanding premium incentives and supports for employers."
"A PROGRAM COVERING RETIREES COULD BE IMPLEMENTED"
Drawing attention to the size of the resource increase in the budget, Yılmaz made the following assessment:
"But whatever the form, the increase in transfers to the SGK is quite high, and I assess that this means a program covering retirees will be implemented."
This statement by Yılmaz brought to the agenda the question of whether retirement pensions will receive an additional increase beyond the inflation increase in 2027.
NO ADDITIONAL INCREASE DECISION YET
The increase in budget transfers to the SGK does not mean that an additional increase will definitely be made to retirement pensions.
Yılmaz stated that it will become clearer in the budget discussions in Parliament for which needs this resource will be used.
As for an additional increase in retirement pensions or social support, no decision has yet been announced.