The countdown has begun for retirement holiday bonus payments. While Ramadan starts on March 1, the holiday will be on March 29. Retirees from SSK, Bağ-Kur, and the Retirement Fund will receive holiday bonuses. Last year, bonuses were increased by 50% to reach 3,000 Turkish liras. Minister of Labor and Social Security Vedat Işıkhan mentioned that there will be a study on the increase of bonuses. Calculations for bonuses were made based on possible rate increases. Various beneficiaries including widows, orphans receiving pensions, champion athletes, families of martyrs, veterans, and many others will benefit from the bonuses. So, how much will the retirement holiday bonuses be in 2025? Here is the calculation of the retirement holiday bonus…This year, Eid al-Fitr will begin on March 30. Before the 3-day holiday, bonus payments for retirees will be transferred to their accounts. Last year, bonuses were increased by 50% to 3,000 liras. Retirement bonuses are paid before both Ramadan and Eid al-Adha. While the increase for SSK, Bağ-Kur, and Retirement Fund pensioners in January was 15.75%, pensioners are focused on bonus rate increases. Since there was only one increase a year for retirement bonuses in previous periods, an increase of more than 15.75% is expected. Calculations were made for bonus increases of 20%, 30%, 40%, and 50% based on possible rate increases. Here are the calculations for the retirement holiday bonus increase…In previous years, retirement holiday bonuses were deposited into accounts at least 1 week before the holiday. This year, retirees’ bonuses are expected to be deposited into accounts between March 24 and 28, 2025. Retirement holiday bonuses will be deposited via the banks where pensions are received, based on the last digit of the allocation number.The increase in retirement holiday bonuses is expected to be more than 15%, while the Ministry of Treasury and Finance continues to work on bonus rate increases. A specific number for the rate increase has not been officially announced yet. After the rate increase is determined, the bonus will be discussed in the Turkish Grand National Assembly and will come into effect with the approval of President Erdoğan. If an increase rate of 15.75%, like the one in January, is applied, retirement holiday bonuses will be 3,472 liras. Considering inflation, if a similar increase to that of last year (2024) is made, bonuses will be increased by 50% to 4,500 liras. In the case of a 40% increase, bonuses will increase by 1,200 liras to reach 4,200 liras. The exact rate increases will be known after the study is completed.New retirees who become eligible for retirement before the holiday, together with SSK, Bağ-Kur, and Retirement Fund retirees, will also be able to receive bonuses. Those receiving old age pensions can receive bonuses, while widows and orphans receiving pensions will benefit from payments based on their share. For example, those who receive 70% of the retirement bonus from the widow’s pension will receive bonuses in this proportion, and those receiving 30% as death benefits will benefit from the bonus according to this share. Bonuses will be given to those receiving disability pension, disability pension, death pension, continuous incapacity benefit, families of martyrs, veterans, combat veterans, security guards, champion athletes, and civilian citizens affected by terrorism.