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Economy

Will retirees receive a 29th of October bonus this year, is it going to be provided? (Bonuses for Retirees on the 29th of October Republic Day)

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The current situation regarding the Republic Day bonuses for retirees on the 29th of October is being researched by millions of retirees covered by SSK and Bağ-Kur. Last year, a 5000 TL bonus was distributed to retirees by the government on the occasion of the Republic’s 100th anniversary. In addition to the bonuses given for Ramadan and Eid al-Adha last year, retirees also received a bonus for the 29th of October Republic Day, totaling 11,000 TL. Tokgöz, the President of the Turkey Retirees Association (TÜED), expressed a desire for the bonuses given last year to continue this year as well. So, will retirees receive a bonus on the 29th of October this year?Retirees continue to question whether the 5000 TL bonus on the 29th of October Republic Day will be given again this year. Last year, in honor of the 100th anniversary of the Republic Day, a one-time 5000 TL bonus was granted to retirees, adding to the total of 11,000 TL for last year’s Ramadan, Eid al-Adha, and Republic Day bonuses. So, will retirees receive a 29th of October bonus this year?The Mamak Branch President of the Turkey Retirees Association (TÜED), Murat Tokgöz, expressed a desire for the continuation of the bonus given to retirees last year in honor of the Republic’s 100th anniversary.Tokgöz, in a written statement, recalled that last year’s 100th anniversary of the Republic was celebrated with enthusiasm throughout the country, emphasizing that a one-time payment of 5,000 TL was made to retirees as part of the anniversary. Pointing out that the payment helped many retirees meet their needs, Tokgöz stated:”Thanks to the 5,000 TL payment made last year on Republic Day, many retirees entered winter with an additional amount of money in hand. We request that the bonus given to retirees in honor of the Republic’s 100th anniversary, under the name of ‘Republic Day Bonus,’ should be given every year in a sum equivalent to one month’s salary. This practice will greatly please millions of our retirees and contribute to them celebrating the Republic Day with even more enthusiasm.”Approximately 17 million retirees receive bonuses twice a year on both Ramadan and Eid al-Adha.Workers and retirees covered by the Social Security Institution (SSK), Bağ-Kur, and the Pension Fund received bonus payments for the third time last year in honor of the Republic’s 100th anniversary.It is currently unknown whether the adjustment made last year by the Ministry of Labor and Social Security and the Ministry of Treasury and Finance will be repeated this year.If the adjustment is made, it is estimated that it will be announced to the public before the Republic Day on the 29th of October.In 2025, SSK, Bağ-Kur, and Pension Fund retirees will receive bonus payments on both Ramadan and Eid al-Adha. The amount of the bonuses for the year 2025, previously set at 3000 TL, has not yet been announced.Bonuses for holidays are typically transferred to accounts by the Ministry of Labor and Social Security about a week before the holiday.

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