Retirees will receive a raise in line with the inflation rate.

According to the annual program published in the Official Gazette, the monthly pensions of those who work for a salary or on their own account and are retired will be increased in January and July 2025 based on the inflation rates of the previous 6 months. The pensions of retired civil servants will be increased by 6% in January 2025 and by 5% in July, in accordance with the collective bargaining agreements, and inflation differences will also be added.

The program forecasts that in 2025, the total revenues of the Social Security Institution (SGK) will be 4,688.2 billion TL, total expenditures will be 5,240 billion TL, and the revenue-expenditure deficit will be 551.8 billion TL. As a ratio to GDP, the target is for revenues to be 7.6%, expenditures to be 8.5%, and the deficit to be 0.9%.

2.188 BILLION TL BUDGET TRANSFER

In 2025, it is anticipated that a total budget transfer of 2,188 billion TL, which corresponds to 3.6% of GDP, will be made to SGK, including billed payments, additional contributions, extra payments made to retirees, state contributions, transfers from premium incentives, and the GSS premium for those who cannot pay premiums.

In 2025, it is targeted that 0.3% of GDP will come from premium revenues, 0.1% from interest revenues, and 0.1% from state contributions, making a total of 0.6% for the Unemployment Insurance Fund's total revenues. The program states that the total expenditures of the Fund are expected to reach 0.3% of GDP, and "In this context, it is estimated that the Fund's revenue-expenditure balance will yield a surplus of 169.2 billion TL in 2025, thus the total Fund assets are expected to reach 496.8 billion TL."