The curious search for the Retirement Bayram bonus has begun. With the approach of 2022 Ramadan, how much will the holiday bonus be this year and when will it be given? How much is the retirement holiday bonus, which was 1100 TL in the past holidays, this year? How much is the retirement holiday bonus in 2022, when will it be given? Has the new amount of the retirement holiday bonus been determined?
When Will Holiday Bonuses Be Paid?
Ramadan Feast will be celebrated on 2-3-4 May 2022. Accordingly, the first payments for the retirement holiday bonus in 2022 are planned to be made before 2 May. In the last week of April, the retirement holiday bonus can be transferred to the accounts. The net figures for the retirement holiday bonuses that will be transferred to the accounts of the persons concerned just before the Ramadan Feast have not been announced yet.
Has the Holiday Bonus Increase Been Determined?
Retirees are wondering about the increase in bonuses, which started in 2018 and are given twice a year, during Ramadan and Eid-al-Adha. It is spoken in Ankara backstage that the holiday bonuses to be given to retirees will be increased. Retirees who received a holiday bonus of 1.000 TL received a payment of 1.100 TL with the last increase. It is said that there will be an almost 100% increase in bonus payments, which relieves millions of pensioners on the eve of the feast, and that the payment to be made on both holidays will be 4.000 TL in total. It is on the agenda to pay a bonus of 2.000 TL to retirees during the Ramadan Feast and 2.000 TL during the Eid al-Adha. On the other hand, there are expectations of 1.500 TL or 1.750 TL for the increase in the holiday bonus to be paid during the Ramadan Feast this year. With this increase, retirees can spend the holiday more enjoyable.
How Much Will the Holiday Bonus Be?
The 50.51 percent increase in the minimum wage, the additional improvements made to civil servants and retirees, created an expectation of an increase in bonuses. Payments are expected at the end of April for the first holiday bonus of this year. For the holiday bonus increase, 4 formulas stand out:
1: One of the bonus formulas is an increase in the inflation rate. 2021 inflation was 36.08%. If the bonus is increased according to annual inflation, the payments will increase from 100 lira to 496 lira, 88 cents. This year, a total of 2 thousand 993 liras and 76 cents will be paid on two holidays.
2: Revaluation rate can also be taken into account in the bonus increase. At the beginning of this year, some taxes, fees and penalties were updated based on a 36.2 percent revaluation rate. If this increase is reflected in the bonus, the amount of one thousand 100 liras, and one thousand 498 liras will be 20 cents. This year, the income to be obtained from 2 festivals will reach 2 thousand 996 liras and 40 cents.
3: This year's net minimum wage increased by 50.51 percent. This rate can also be applied to the bonus increase. If this formula is implemented, the holiday bonus of retirees will increase to 655 lira and 61 cents. The total annual payment will reach 3 thousand 311 liras.
4: Another formula is to pay the minimum wage on 2 holidays.