According to the Medium-Term Plan, the Lowest Pension Will Not Even Reach 26,000 Turkish Lira!
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The calculation for retirement and civil servant pensions has changed again as of January 2027. The Central Bank's Market Participants Survey's year-end inflation expectation of 29.61% has resulted in a percentage increase for SSK and Bağ-Kur pensioners... Click here for more.
Following the July increase, attention has once again turned to pension payments. Millions of retirees are wondering how much the increase will be in January 2027, and the Medium-Term Economic Program targets and the Central Bank's inflation forecasts offer important clues for calculations. So, how much will the base pension be in January? Here are the increase scenarios on the table and the latest calculations...
SGK (Social Security Institution) expert Özgür Erdursun announced the January 2027 pension increase rates live on air. Erdursun predicted that SSK and Bağ-Kur pensioners would receive approximately a 9.5% inflation adjustment in January.
This year's inflation will be the regulator of the increases that pensioners will receive in 2027. Based on its course in the first half of the year, the increase in pensions has been locked at 2.6%. This is the minimum for increases, as if the rise in inflation recorded in the summer months and in September at 3.8% continues until the end of the year, then the increase in pensions could reach 3%.
Millions of SSK and Bağ-Kur pensioners are waiting for the increase rate that will determine their first pension payment of 2027. The exact figure will be determined after the completion of the 6-month inflation calculation for the second half of 2026.
The Medium-Term Program's forecast of 28.4% year-end inflation for 2026 has revealed the initial calculations for the January increase for SSK and Bağ-Kur pensioners. If the forecast comes true, the six-month inflation will be approximately 9.89%, and the lowest pension, currently 23,552 TL, will rise to 25,881 TL unless further adjustments are made. This means that the lowest pension will not even reach 26,000 TL! The article "According to the …
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