05.11.2026 13:21
Minister of Treasury and Finance Mehmet Şimşek made statements concerning millions of retirees at the Plan and Budget Committee of the Grand National Assembly of Turkey. Şimşek said, "In the 2027 budget, we are allocating resources to support the purchasing power of our retirees."
Discussions have begun in the Plan and Budget Committee of the Grand National Assembly of Turkey (TBMM) on the 2027 budget of the Ministry of Treasury and Finance. Minister of Treasury and Finance Mehmet Şimşek, who made a presentation on the Ministry's budget, shared the latest data on the fund investigation and liquidation process on Turkey's agenda. Stating that payments to beneficiaries are continuing, Şimşek said that additional steps regarding the fund liquidation would also be taken.
PAYMENT OF 62.2 BILLION TL WAS MADE TO 542,975 ACCOUNTS
Announcing figures on the extraordinary liquidation process within the scope of the fund investigation, Şimşek said, 'As part of the extraordinary liquidation, as of November 4, 2026, interim payments totaling 62.2 billion TL have been made to 542,975 accounts in 15 funds.'
Noting that the total amount of payments made to date has reached 130.2 billion TL, Şimşek said, 'Thus, to date, a total of 130.2 billion TL has been paid in 108 funds to 614,874 accounts and 420,031 unique individuals, and 179,449 people have received the full amount of their net investment.'
ASSETS WORTH 9 BILLION TL DETECTED IN 36 COUNTRIES
Noting that work on the assets of people considered to have obtained unfair and excessive gains from the funds is also ongoing, Şimşek announced that the Financial Crimes Investigation Board (MASAK) is cooperating with relevant institutions abroad.
Şimşek said, 'In this process, MASAK's efforts to identify the assets related to these gains of those who obtained unfair and excessive gains from the funds and to bring their assets abroad into our country are also continuing.'
Minister Şimşek reported that as of November 4, 100 transactions worth approximately 3.8 billion TL had been postponed, and that as a result of cooperation with counterpart institutions in 36 different countries, assets worth approximately 9 billion TL had been identified and brought to the attention of judicial authorities.
RESOURCES ALLOCATED IN THE BUDGET FOR RETIREES
In his presentation to the committee, Şimşek also made statements regarding the purchasing power of retirees, saying that resources had been allocated for this purpose in the 2027 budget.
Şimşek said, 'In the 2027 budget, we are allocating resources to support the purchasing power of our retirees.' The minister's statement did not share details regarding the amount or form of implementation of any improvement that could be made to retirement pensions.