07.04.2025 14:33
At the beginning of the year, the increases in salaries for employees, minimum wage earners, and pensions have led to a rise in inflation losses. It is being discussed that, starting from the second half of the year, the increase in pensions could raise the lowest pension amount from 14,469 lira to 16,500 lira.
The effect of the pension increase made at the beginning of the year was short-lived. The inflation rates announced in the first three months of 2025 presented an unfavorable picture for retirees, minimum wage earners, and fixed-income workers.
According to the data released by the Turkish Statistical Institute (TÜİK), inflation reached 5.03% in January, 2.27% in February, and 2.46% in March, resulting in a total inflation rate of 10.06% for the first three months of the year. In January 2025, a 15.75% increase was made for SSK and Bağ-Kur retirees, while a 11.54% increase was applied 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 of the year reached 10.6%.
EYES ON THE 6-MONTH INFLATION DIFFERENCE
Attention has turned to 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 increase, an inflation difference will be applied.
When calculated based on the actual and expected inflation rates, the possible increase rate for retirees in the second half of the year is expected to be around 15%, while this rate is anticipated 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.