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Millions of civil servants and retirees are counting down the days for a raise.

Millions of civil servants and retirees are counting down the days for a raise.

25.12.2024 15:40

The increase in the minimum wage has been set at 30%, bringing it to 22,104 lira. After nearly a month of discussions regarding the minimum wage, attention has now turned to civil servants, retired civil servants, and those covered by SGK and Bağ-Kur.

The minimum wage, which directly or indirectly affects millions of people, has been raised to 22,104 lira and has reached a historically high level in dollar terms, leading to a focus on the salary increases for civil servants, retired civil servants, and those under SGK and Bağ-Kur.

WHAT WILL BE THE SALARY INCREASE RATE FOR CIVIL SERVANTS AND RETIREES?

The increase concerning civil servants and retired civil servants, which was negotiated with the government, was set at 6% for the first 6 months of 2025 and 5% for the other 6 months. In other words, civil servants and retired civil servants were willing to accept a cumulative increase of 11.3% in 2025 if no inflation difference occurred.

However, due to the inflation difference, the increase they will receive, excluding the December inflation data, has reached 10.40%. With the inflation data to be announced on January 3, the increase rate for civil servants and retired civil servants will also become clear. For example, assuming that the inflation in December is 1.5%, civil servants and retired civil servants will receive a 12.05% increase.

HOW MUCH WILL SGK AND BAĞ-KUR RETIREES RECEIVE AS AN INCREASE?

In November, the monthly inflation was realized at 2.24%. Accordingly, SGK and Bağ-Kur retirees are entitled to an increase of 3.23% for July, 2.47% for August, 2.97% for September, 2.88% for October, and 2.24% for November, resulting in a cumulative difference of 14.56%. However, since this increase will reflect in the salaries in January 2025, it will be calculated cumulatively based on the monthly inflation rate announced each month. The net increase in salaries will be determined after the announcement of the December inflation data.

Again, to illustrate, in a scenario where the monthly inflation in December is 1.5%, the salary increase for SGK and BAĞ-KUR retirees would be 16.28%.

WHAT WILL BE THE LOWEST RETIREMENT SALARY?

The lowest retirement salary, which is currently 12,500 lira, is also expected to increase. For this, a legal regulation will be made, and if it is completed in time, it will be reflected in the salaries; if not, a date will be set for the differences to be transferred to the accounts.

WELFARE SHARE MAY COME

In addition to the deserved increases, a welfare share may be added, and a new increase rate can be determined by the government.



 
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