15.11.2026 22:01
With the Central Bank raising its year-end 2026 inflation forecast to 29.5 percent, calculations regarding the pay increase rates that millions of retirees and civil servants will receive in January have also changed. According to the new forecast, it is projected that SSK and Bağ-Kur retirees will receive a 9.97 percent increase, while civil servants and retired civil servants will receive a 7.91 percent increase.
Calculations have changed for retirees and civil servants awaiting the salary increase to be made in January. The Central Bank of the Republic of Turkey's (CBRT) upward revision of its year-end inflation forecast has brought the wage increase rates that could be applied in the new year back onto the agenda.
CENTRAL BANK RAISED ITS INFLATION FORECAST
In the latest Inflation Report announced by CBRT Governor Fatih Karahan, the 2026 year-end inflation forecast was raised from 28 percent to 29.5 percent.
If this forecast materializes, inflation in the second half of the year is expected to be 9.97 percent. This rate will be taken as the basis for calculating the salary increase that SSK and Bağ-Kur retirees will receive in January.
9.97 PERCENT INCREASE POSSIBILITY FOR SSK AND BAĞ-KUR RETIREES
The salaries of SSK and Bağ-Kur retirees are increased in January and July by the six-month inflation rate.
With the data announced for the July-October period, the 8.29 percent increase for retirees has already become certain. This rate will rise with the addition of November and December inflation.
According to the calculation made in line with the Central Bank's year-end forecast, the total increase may reach 9.97 percent.
In this scenario, retiree salaries will change as follows;
Current salary Increased salary
20,000 TL 21,994 TL
25,000 TL 27,493 TL
30,000 TL 32,991 TL
7.91 PERCENT CALCULATION FOR CIVIL SERVANTS AND RETIRED CIVIL SERVANTS
In the January salary increase for civil servants and retired civil servants, the inflation difference will be decisive in addition to the collective bargaining increase.
According to the announced four-month data, an inflation difference of 1.21 percent occurred. Together with the 5 percent collective bargaining increase, the total increase rate calculated reached 6.27 percent.
If year-end inflation materializes at the 29.5 percent level envisaged by the Central Bank, the January increase for civil servants and retired civil servants is expected to be approximately 7.91 percent.
EXACT INCREASE RATES WILL BE DETERMINED IN JANUARY
The November and December inflation data to be announced by the Turkish Statistical Institute (TÜİK) are awaited for the salary increases to become final.
With the announcement of December inflation at the beginning of January, the six-month inflation rate for the second half of 2026 will become clear.
Thus, the increase to be received by SSK and Bağ-Kur retirees and the inflation difference to be applied to civil servants and retired civil servants can be calculated precisely.