arrears of pensioners; Money that has dwindled with inflation The National Insurance Organization has announced that the arrears related to the difference in the annual salary increase and the third proportionality phase of May 1405 will be deposited into the accounts of approximately 5 million and 300 thousand pensioners and pensioners on Wednesday 6.11. This payment, which was delayed due to the limitation of financial resources and the gap between the organization's resources and its expenses, once again raised the issue of the purchasing power of the pensioners, the adequacy of the pension and the gap between legal promises and the fulfillment of demands to the forefront of public attention. The problem is not only that the retiree gets the end of his claim; The basic question is that the money that had to be paid months in advance lost its economic value during the waiting period, and can wage increases compensate for the living pressure of this group? According to the price index published for April to October 1405, the general price level increased during this period by 25.7%. Based on this measure, a fixed amount that had some purchasing power in May quickly lost about a fifth of its original purchasing power. Therefore, the late payment, although it settles the fund, does not necessarily compensate the loss caused by the delay. Read the full text at the link below:

arrears of pensioners; Money that has dwindled with inflation The National Insurance Organization has announced that the arrears related to the difference in the annual salary increase and the third proportionality phase of May 1405 will be deposited into the accounts of approximately 5 million and 300 thousand pensioners and pensioners on Wednesday 6.11. This payment, which was delayed due to the limitation of financial resources and the gap between the organization's resources and its expenses, once again raised the issue of the purchasing power of the pensioners, the adequacy of the pension and the gap between legal promises and the fulfillment of demands to the forefront of public attention. The problem is not only that the retiree gets the end of his claim; The basic question is that the money that had to be paid months in advance lost its economic value during the waiting period, and can wage increases compensate for the living pressure of this group? According to the price index published for April to October 1405, the general price level increased during this period by 25.7%. Based on this measure, a fixed amount that had some purchasing power in May quickly lost about a fifth of its original purchasing power. Therefore, the late payment, although it settles the fund, does not necessarily compensate the loss caused by the delay. Read the full text at the link below: