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Treasury and Finance Minister ŞImşek Said that a Study Is Being Conducted, but: There Are No Figures yet...

Summary by Cumhuriyet
Treasury and Finance Minister Mehmet Şimşek stated that the technical work regarding the increase in retirement pensions is ongoing, and that the adjustment, which will be based on age and paid contributions, will cover all retirees. However, he did not give any specific figures. Şimşek's statement that "there may also be a precautionary aspect to this" drew attention.

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Treasury and Finance Minister Mehmet Şimşek stated that the technical work regarding the increase in retirement pensions is ongoing, and that the adjustment, which will be based on age and paid contributions, will cover all retirees. However, he did not give any specific figures. Şimşek's statement that "there may also be a precautionary aspect to this" drew attention.

·Istanbul, Türkiye
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Minister Şimşek stated that age and contribution requirements would be taken into account in the improvements to be made to retirement pensions, and also made an important statement regarding tax increases in 2027. Minister Şimşek said, "There is no increase in the general rates of income tax, corporate tax and value-added tax on our agenda for 2027."

Treasury and Finance Minister Mehmet Şimşek stated, "We do not have any plans to increase the general rates of income tax, corporate tax, and value-added tax in 2027."

·Istanbul, Türkiye
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Treasury and Finance Minister Mehmet Şimşek stated during the 2027 budget discussions in the Parliament's Planning and Budget Committee that there will be no increase in income tax, corporate tax, and VAT general rates in 2027. Şimşek also noted that the regulation concerning pensioners is not yet finalized and will cover all pensioners.

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Haberler broke the news on Thursday, November 5, 2026.
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