Minister Şimşek's statement on pension regulation: Will there be a distinction between age and premium days?

Turkish Treasury and Finance Minister Mehmet Şimşek said a planned pension overhaul will cover all retirement schemes and that any uniform, across-the-board increase would be designed with that scope in mind. The remarks signal the government is preparing a broad reform rather than a narrow adjustment, though Şimşek did not specify the size of any increase or whether age and contribution-day criteria would be separated. The pension system's cost is a key fiscal pressure point in Turkey, where minimum pension payments and inflation-linked top-ups have weighed heavily on the budget. Investors will watch for the draft legislation's details, particularly the scale of any seyyanen increase and how eligibility rules are redrawn.