Economy
Minister Şimşek announced criteria for pension raise and fund liquidations
Ege'de Son Söz Spor
Key Points
- Minister Şimşek announced that the pension raise will be based on age and premium days.
- 306 billion TL of the 401 billion TL fund liquidation was covered from intra-fund resources.
- It was stated that no resources from the public budget were used in the liquidations.
By the Numbers
401 billion TL total fund liquidation306 billion TL intra-fund resources
Treasury and Finance Minister Mehmet Şimşek stated that the regulation to be made on pension salaries will cover all retirees. The Minister emphasized that age and the number of premium payment days will be taken into account in the raise, aiming for a fair distribution among different retirement groups.
Şimşek, who also made explanations regarding fund liquidations, stated that 306 billion lira of the 401 billion lira transaction consisted of intra-fund operations and that no public resources were used in the liquidations. He noted that this shows the fund balance was achieved without additional burden on public finances.
React to this story
Ask about this story
Answers are AI-generated from this story only.
Frequently Asked Questions
- According to which criteria will the pension raise be calculated?
- The retiree's age and the number of premium days paid will be taken into account in the raise.
- Do fund liquidations bring cost to the public budget?
- No, 306 billion TL of the 401 billion TL transaction was covered from intra-fund resources, no public resources were used.
- Does the regulation cover all retirees?
- Yes, Minister Şimşek stated that the regulation will cover all retirees.
This is an AI-generated summary. The full story lives at the source.
Read the full story at the sourceegedesonsoz.comHow we produce our content →Related stories
Economy