Minister of Labor and Social Security Vedat Işıkhan announced that they would work on the holiday bonuses for retirees.

The eyes of millions of retirees are now on their retirement bonuses. It is expected that the retirement bonuses will be updated before the Ramadan holiday.

Minister of Labor and Social Security Vedat Işıkhan announced that they would work on the holiday bonuses for retirees, stating that it is still too early to mention a specific amount.

Expectations are high for the bonuses to be raised to a range of 4,500 to 5,000 liras.

Retirement bonuses had increased to 3,000 liras in 2024 with a 50% increment.

Bonuses are deposited into retirees’ accounts twice a year, during the Ramadan and Eid al-Adha holidays.

This year, the Ramadan holiday will fall on March 30th, while Eid al-Adha will be on June 6th.

It is expected for the bonuses to be deposited into accounts before March 30th.