The inflation has been announced, and the salary increase rate for civil servants and retirees is starting to become clear.

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The salary increase for civil servants and retirees that will be valid in the new year has started to become clear. With the announcement of the inflation for November, the inflation rate for the second half of the year was realized as 14.6% over 5 months.

While SSK and Bağ-Kur retirees receive an increase based on the inflation rate, civil servants and civil servant retirees receive an inflation difference in addition to the collective bargaining increase. Millions of civil servants and retirees are curious about what the increase rate will be in January.

After the inflation data for the second half of the year, the increase rates have largely become clear. According to the Turkish Statistical Institute (TÜİK), the inflation rate over the 5 months covering July, August, September, October, and November was 14.6%.

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

SSK and Bağ-Kur retirees receive a salary increase equal to the inflation difference every 6 months. The increase that worker and tradesman retirees will receive for the second half of 2024 is 14.6% over 5 months.

Worker retirees had received a 24.73% increase in July.

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

The calculation for civil servants and civil servant retirees is different. Civil servants and civil servant retirees receive an inflation difference in addition to the collective bargaining agreement.

Civil servants and civil servant retirees received a total increase of 19.31%, consisting of 10% from the collective bargaining increase and 9.31% from the inflation difference for the second half of the year.

WHEN WILL THE JANUARY INCREASE FOR CIVIL SERVANTS AND RETIREES BE ANNOUNCED?

With the clarification of the inflation data for December, the final picture regarding the increase for civil servants and retirees will be revealed. The inflation data for the entire year of 2024 will be announced on January 3.

ACCORDING TO THE CENTRAL BANK'S ESTIMATE, 2025 SALARY INCREASE FOR CIVIL SERVANTS AND RETIREES

The President of the Central Bank of the Republic of Turkey, Fatih Karahan, raised the TCMB's expectation to 44% in the last inflation report of the year. Civil servants and civil servant retirees will receive a 6% collective bargaining increase in January 2025. If the TCMB's expectations are realized, the inflation difference that civil servants and civil servant retirees will receive will be 4.95%.

If the inflation at the end of the year is 44%, the total inflation difference and collective bargaining increase to be given to civil servants and civil servant retirees in the new year is estimated to be around 11.25%. According to the inflation expectation, the increase that worker and SSK retirees will receive is calculated to be 15.44%.