Who is eligible for the 5 thousand TL bonus?

Title: Parliament Approves 5,000 TL Bonus for Retirees, Widows, and Orphans

Date: 14th October 2023

The long-awaited bonus for retirees has been approved by the Parliamentary Planning and Budget Commission. Now, all attention shifts to the General Assembly of the Parliament. Once the vote is held, retirees will have access to a 5,000 TL bonus.

The bonus, which covers non-working retirees, has raised questions regarding its availability for individuals receiving widow’s and orphan’s pension. SSI Expert Emin Yılmaz provided some clarity on the matter. He stated that a total of 61 billion TL will be distributed among 12.5 million retirees, based on the 5,000 TL bonus. Survivors receiving pension benefits will receive a share in proportion to their entitlement. For example, if a recipient has a spouse and children, they will receive 50 percent, while children will receive 25 percent.

Exploring the matter further, it should be noted that the calculation of income and monthly fields will vary based on different files. For individuals receiving benefits in multiple files, such as widows and orphans, the highest figure will be considered the basis for determining their entitlement. The bonus will then be allocated proportionally to that figure.

It is important to mention that for retired individuals who have a job and are not registered with SSI, the 5,000 TL bonus will be reclaimed. If it is deemed that the bonus was received unjustifiably or if the individual is not employed as an insured person, a 25 percent deduction will be made from their current salary, and the bonus will be reflected in their November 15 paycheck.

Overall, the acceptance of the 5,000 TL bonus regulation by the Commission has brought relief and anticipation for retirees, widows, and orphans. The distribution of this bonus will provide much-needed support to these individuals, offering financial relief during challenging times.

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Caption: The 5,000 TL bonus regulation for retirees was accepted by the Commission.

 

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