Pensions News
Pensions are government or private financial programs providing regular income to individuals after they retire from work.
Turkey bill would tie minimum pension to minimum wage
A bill submitted to Turkey’s parliament would raise the minimum pension to the net minimum wage and adjust it annually with wage increases. It has been referred to the Plan and Budget Commission.
Pension spending hits €14.5 billion in September
Pension expenditures hit a new high of €14.5 billion in September, increasing by 6.3%. The average retirement pension rose by 4.5% to €1,576.1 per month.
More Pensioners Working, Self-Employed Active
An increasing number of people aged 65 to 74 are working alongside their pensions. This trend is particularly pronounced among the self-employed, who often dedicate many hours per week to their work.
Pensions are government or private financial programs providing regular income to individuals after they retire from work.