Turkish Parliament Committee Approves Pension Increase for Millions
TITLE: Turkish Parliament Committee Approves Pension Increase for Millions
SUMMARY: A legislative proposal to increase the minimum pensions for millions of SSK and Bağ-Kur retirees has been approved by the Grand National Assembly of Turkey (TBMM) Planning and Budget Committee.
The regulation is expected to come into force in July, clarifying the payment schedule for the increased pensions.
FACTS:
A legislative proposal (bill) to increase the minimum pension for SSK (Social Security Institution) and Bağ-Kur (Social Insurance for the Self-Employed) retirees was accepted.
The acceptance occurred in the Grand National Assembly of Turkey (TBMM) Planning and Budget Committee.
Millions of retirees are affected by this regulation.
The regulation is anticipated to come into force in July.
Following its implementation, the payment schedule for the increased pensions will become clear.
Source: Haberglobal
