The rate of increase to be made seems certain! Here is the salary that retirees and civil servants will receive after July.

Millions of civil servants and retirees are eagerly awaiting the announcement of the inflation rate for June, which will determine the salary increase for the second half of the year. According to the data from the Turkish Statistical Institute, the Consumer Price Index (CPI), which is the determinant of the salary increase rate, has increased by 22.72% in the first 5 months of the year.

25.81% INCREASE FOR RETIREES

According to the Market Participants Survey conducted by the Central Bank, the inflation rate for June is expected to be 2.52%. Based on this estimate, the inflation rate for the first 6 months of the year will rise to 25.81%. According to the survey conducted by the Financial Institutions Association, the inflation rate for June is expected to be 3.17%. In this case, the inflation rate for the first 6 months of the year will be 26.61%. Retirees' pensions are adjusted based on the 6-month inflation rate. According to the Central Bank's survey, retirees will receive a 25.81% increase in their pensions. According to the Financial Institutions Association, the increase for retirees will be 26.61%.

WILL BE 12,500 LIRA

The increase rate will be applied to the base pensions of retirees. If the estimate in the Central Bank's survey is realized, the pension of a retiree with a base pension of 10,000 lira will be 12,581 lira. The pension of a retiree with a pension of 15,000 lira will be 18,871 lira. The pension of a retiree with a pension of 20,000 lira will increase to 25,162 lira. According to the estimate of the Financial Institutions Association, the pension of a retiree with a base pension of 10,000 lira will be 12,661 lira, the pension of a retiree with a pension of 15,000 lira will be 18,991 lira, and the pension of a retiree with a pension of 20,000 lira will increase to 25,332 lira.

INFLATION DIFFERENCE

The salary increase rate for civil servants and retired civil servants is calculated based on the total of the collective bargaining increase and the inflation difference. Civil servants and retired civil servants received a 15% increase in the first six months of the year through collective bargaining. According to the collective bargaining agreement, they will also receive the inflation difference for the first six months. Therefore, the portion of the six-month inflation rate exceeding 15% will be reflected in their salaries as the inflation difference. In addition, civil servants and retired civil servants have the right to a 10% increase for the second six months of the year due to the collective bargaining agreement.

20.35% INCREASE FOR CIVIL SERVANTS

If the inflation rate for June is announced as 2.52%, civil servants and retired civil servants will have the right to a cumulative increase of 20.35%. Based on this figure, the minimum pension will increase from 32,861 lira to 39,548 lira. The minimum pension for retired civil servants will increase to 17,739 lira. If the Financial Institutions Association's estimate of 3.17% is realized, the inflation difference will be 10.1% and the increase rate will be 21.11%.

53,000 TL FOR TEACHERS

If a 20.35% increase is implemented in the second half of the year, the salary of a university graduate civil servant will increase from 34,235 lira to 41,202 lira. The salary of a branch manager will increase to 59,544 lira, while the salary of a specialist teacher will exceed 53,000 lira. With the salary increase in the second half of the year, the salary of a chief inspector will be 58,875 lira, the salary of a police officer will be 53,305 lira, and the salary of a specialist doctor will be 98,718 lira.