The competition for promotions in banks has accelerated. As we approach the end of the year, banks have intensified their efforts to convince retirees. While promotion payments are increasing, retirees are also seeking better opportunities. The reaction of other banks to a public bank’s double payment initiative is being closely monitored. So, should retirees wait for higher promotions? How much were the promotion payments? Will double promotion payments become more common? As the competition for promotions in banks intensifies, payments are being raised. Banks are increasing promotional payments to persuade retired customers. Promotion payments are determined based on the retirees’ salary amounts. The campaigns of banks vary between 10,000 TL and 24,000 TL. Higher retirees receive higher promotion payments. Before the new year, banks have accelerated their efforts to attract more retirees. Promotion payments increase every year in parallel with retiree pensions. The clarification of banks’ new year budgets and goals has an impact here. Some banks have brought forward their new year’s raises, which has fueled the competition for promotions. Banks are keen to sign 3-year contracts with retirees early on. However, most banks have not taken such a step yet. Experts note that better opportunities for retirees may arise starting from January. Vakıfbank launched a double promotion campaign for retirees in August. Other banks have not participated in this application yet. It is not yet clear what kind of steps banks will take in the coming periods. If retirees receive a salary left by their spouse or father, they can get a second promotion. In such a case, different banks can be negotiated for two retiree salaries. Retirees receive an increase in their pension according to the inflation rate for 6 months. Considering inflation expectations, the rate of increase is expected to be around 15%. A 6-monthly inflation-induced rate of increase is applied to the base salary. The minimum retiree pension had been determined as 12,500 TL as of July. Despite the inflation raise, pensions that fall below this amount had been completed to 12,500 TL. According to current figures, 3,703,180 people are receiving the minimum retiree pension. A parliamentary regulation is required for an increase in the minimum retiree pension. The figure determined by the economic management is presented to the TBMM as a law proposal. Therefore, the percentage of increase due to inflation does not affect the minimum retiree pension.