How much will retirement holiday bonuses and bank promotions amount to?

The eyes of millions of retirees are on the potential increase of retirement bonuses. The holiday bonuses are expected to be determined by the economic management by March. Meanwhile, an update is anticipated for the bank promotions of retiree pensions. Here are the figures being discussed…The attention of millions of retirees is focused on bank promotions and holiday bonuses. The new holiday bonuses will be determined by the economic management until the Ramadan holiday. Bank promotions will be finalized with a protocol between the Social Security Institution (SGK) and banks. It is expected in March that 19 public and private banks will update the promotion agreements for retiree pensions.With public bank promotions ranging between 8,000 to 12,000 liras last year, private banks saw this number rise to 21,000 liras. The promotion amounts for 2025 are expected to reach up to 18,000 liras in public banks. For private banks, this amount could go up to 40,000 liras. Banks offer additional options like interest-free loans, credit cards, and credit deposit accounts within the promotion scope.Retiress who commit to receiving their pensions from the same bank for three years can benefit from the promotion payments. Furthermore, banks provide different options like interest-free loans and extra accounts along with the promotion.Retirees will receive holiday bonuses in March and June this year. Last year, holiday bonuses were increased to 3,000 liras, resulting in a total payment of 6,000 liras to retirees. An amount between 3,500 and 4,000 liras has long been discussed in the public regarding the bonuses. If a 30% increase is made, it would rise to 3,900 liras. If the rate is 35%, it would be 4,050 liras. An increase of 40% would raise it to 4,200 liras. And if the rate is 50%, it would become 4,500 liras.Furthermore, in June, there was a 15.75% increase in pensions for retirees. If the bonuses are increased at this rate, it would amount to 3,472 liras. SSK and Bağ-Kur retirees, as well as those receiving death, old age, and disability pensions, will benefit from the practice. Those who are eligible for retirement as of March 1 will also be able to receive bonuses.