21.05.2025 08:50
The inflation figures for May are eagerly awaited for the salary increase for retirees and civil servants. The inflation that occurred in the first four months of the year has confirmed a salary increase of 13.36% for SSK and BAĞ-KUR retirees, and 6.95% for civil servants and retired civil servants. The inflation rates for May and June will directly affect the salary increase for both groups.
In Turkey, millions of civil servants and retirees are focused on the inflation data for May and June. The salary increases to be made in July will be finalized based on the data from these two months. The inflation rates announced by the Turkish Statistical Institute (TÜİK) for the first four months so far provide the first clues.
13.36% INFLATION IN THE FIRST FOUR MONTHS OF 2025
The Consumer Price Index (CPI) was announced as 5.03% in January; 2.27% in February; 2.46% in March; and 3% in April. Thus, the total inflation for the January-April period was 13.36%. According to this figure, SSK and BAĞ-KUR retirees are already guaranteed a 13.36% increase, while the salary increase for civil servants and retired civil servants has been finalized at 6.95%.
INFLATION FIGURES FOR MAY AND JUNE ARE AWAITED FOR SALARY INCREASE
The final figures for the increase rates will be determined by the inflation figures for May and June. According to the Central Bank's survey, an inflation forecast of 2.36% for May and 1.77% for June is prominent. If these expectations materialize, the total inflation for six months will reach 18.09%.
INCREASED SALARIES WILL BE VALID FROM JULY
If the forecasts are realized:
- SSK and BAĞ-KUR retirees will receive a salary increase of 18.09% in July.
- Civil servants and retired civil servants will increase their salaries by 16.98%, including the collective bargaining difference.
These rates mean a critical increase in purchasing power, especially for retirees in the low-income group.
WILL INFLATION DIFFERENCE BE PAID?
The July increase will be shaped solely by the inflation rate. However, experts also point out that additional improvements may be made in items such as old-age pensions and the minimum pension. Steps such as additional payments or increases in the base salary may also come to the agenda within the scope of the government's social support package.