This is how the retiree’s holiday bonus melted away!

This is how the retiree’s holiday bonus melted away!

Social Security Expert Namık Tan, who conducted a research on this subject, first drew attention to the following:

“Paying bonuses to retirees before religious holidays by law in 2018 was a late decision. While employees are paid 4 bonuses a year, the very low holiday bonuses for retirees will have no value in 2024, as there is no increase system. Retirees who bought sheep sacrificial animals in 2018 with the holiday bonus paid during religious holidays in the last 6 years can only buy 4.5 kilos of meat in 2024. Again, retirees cannot even buy tickets with their bonuses and go to their hometowns with their families.”

According to the research, the bonus was not increased at all until 2021, but prices increased by 20.30 percent in 2018, 11.84 percent in 2019 and 14.60 percent in 2020. However, if an update is made with inflation, the bonus should be 1542 lira in 2020. The jackpot was increased by 10 percent to 1100 lira in 2021 and remained constant until 2023. However, price increases were 36.08 percent in 2021 and 64.27 percent in 2022. Accordingly, the bonus in 2022 should have been 3 thousand 447 lira. The jackpot was increased to 2 thousand liras in 2023. Tan emphasized that the retirement bonus, which lost 184 percent real value due to price increases in the 2018-2023 period, should be increased to 5 thousand 680 TL.



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