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Şimşek says pension work underway but no figures yet

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Treasury and Finance Minister Mehmet Şimşek said technical work on pension increases is ongoing, stating that the planned arrangement based on age and premiums paid will cover all retirees. However, no figures have been disclosed so far. The statement came as Şimşek appeared before lawmakers in Parliament for the first time since the fund scandal. Opposition members criticized why he had not come to Parliament earlier to brief lawmakers. Meanwhile, within the AKP, concerns have been raised about the political cost of the fund investigation following the arrest of former minister Fatma Betül Sayan Kaya.

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economygovernmentpolitics