Turkey minimum wage scenarios impact social security costs

Discussions regarding the 2027 minimum wage in Turkey are focusing on three primary increase scenarios: 25%, 28.4%, and 30%. Based on the current net minimum wage of 28,075.50 TL, a 25% increase would raise the net pay to approximately 35,095 TL. A 28.4% increase, aligned with the Medium-Term Program (OVP) inflation forecast, would bring the net wage to 36,049 TL, while a 30% increase would result in a net wage of 36,500 TL.

These potential wage adjustments are expected to impact social security costs, specifically for Bağ-Kur members seeking to reactivate frozen premium days (ihya). If the minimum wage increases by 28.4%, the annual cost for one year of reactivation is projected to rise from 178,362 TL to 229,016 TL, representing a difference of over 50,000 TL. Higher wage scenarios, such as a 30% or 35% increase, would further escalate these reactivation costs.