14.04.2025 11:00
The formulas for the increase in retirement pensions have been announced. Accordingly, the strongest possibility is that starting from the second half of the year, the lowest retirement pension may be raised from 14,469 lira to 16,500 lira along with the increase in pensions.
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The inflation rates announced in the first three months of 2025 presented a negative picture for retirees, minimum wage earners, and fixed-income workers. Therefore, the effect of the raise in pensions made at the beginning of the year was short-lived. Now, all eyes are on the raises to be made in the first half of the year to compensate for the losses incurred.
According to the data announced by the Turkish Statistical Institute (TÜİK), inflation reached a total of 10.06% in the first three months of the year, with inflation rates of 5.03% in January, 2.27% in February, and 2.46% in March. In January 2025, a raise of 15.75% was made for SSK and Bağ-Kur retirees, while a raise of 11.54% was made for civil servants and civil servant retirees. Most of the salary increases have virtually eroded against inflation. It was reported that the loss experienced in the first three months reached 10.6%.
6-MONTH INFLATION WILL BE DETERMINATIVE
All eyes are on the 6-month inflation difference for the salaries of SSK and Bağ-Kur retirees. For this, the inflation rates for April, May, and June will be awaited. Thus, the inflation difference that will occur in the first six months of the year will be added as a difference to the salaries to be received in the second half of the year. For civil servants and civil servant retirees, in addition to the collective bargaining raise, the inflation difference will be applied.
When calculated based on the actual and expected inflation rates, the possible raise rate for retirees in the second half of the year is expected to be around 15%, while this rate is expected to be around 13% for civil servants and civil servant retirees. Based on these possible figures, it is on the agenda that the lowest pension will rise to 16,500 lira as of July.
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