08.06.2025 12:20
The eyes of civil servants and retirees are turned to the June inflation data for the July raise. The inflation rate for the past five months has been 15.09%, which guarantees this rate of increase for SSK and Bağ-Kur retirees. The raise for civil servants and civil servant retirees has reached 14%. According to the Central Bank's May Market Participants Survey, the June inflation is estimated to be 1.77%. Here are the possible raise rates in such a scenario...
Millions of retirees and civil servants are eagerly awaiting the salary increase they will receive in July. The Turkish Statistical Institute (TÜİK) needs to announce the inflation data for June in order for the increase rates to be clarified.
SSK and Bağ-Kur retirees will receive an increase based on the inflation rate for the first 6 months of 2025; while civil servants and retired civil servants will receive an increase equal to the inflation difference in addition to the 5% increase from the collective agreement.
According to TÜİK data:
- January: %5.03
- February: %2.27
- March: %2.46
- April: %3.00
- May: %1.53
WHO WILL RECEIVE HOW MUCH INCREASE?
With these figures, the 5-month inflation rate has reached %15.09. Accordingly, SSK and Bağ-Kur retirees are already guaranteed a %15.09 increase; while the increase rate for civil servants and retired civil servants has reached %14.
CRITICAL CLUE FOR CIVIL SERVANT AND RETIREE INCREASE
With the inflation data for June, the total inflation for 6 months will be clarified. According to the Central Bank's May Market Participants Survey, June inflation is estimated to be %1.77. If this rate materializes, the 6-month inflation will be %16.03.
In this case:
- SSK and Bağ-Kur retirees will receive a %16.03 increase in July.
- Civil servants and retired civil servants will receive a total increase of %16.03, including the inflation difference.
All eyes are now on the June inflation figures expected to be announced on July 3. The increase rates will be finalized based on this data.