05.05.2025 10:50
With the announcement of the inflation figures for April, the rate of increase in the salaries of retirees and civil servant retirees to be implemented in July has also become somewhat clearer. Accordingly, with the 3% inflation recorded in April, the increase rate for SGK and Bağ-Kur retirees is set at 13.36%, while the four-month increase rate for civil servants and civil servant retirees has been determined to be 12.29%.
The inflation data for April, which millions of retirees have been waiting for regarding their salary increase, has been announced. According to the data released by the Turkish Statistical Institute (TÜİK), inflation increased by 3% on a monthly basis and reached 37.86% on an annual basis. With these figures, the inflation difference for millions of civil servants expecting a salary increase in July has also become clear.
THE 4-MONTH INCREASE RATE FOR RETIREES HAS BEEN 13.36%
For SGK and Bağ-Kur retirees, inflation increases of 5.03% in January, 2.27% in February, 2.46% in March, and 3% in April were calculated. Thus, the total inflation increase over the four months reached 13.36%. However, the exact increase rate needs the announcement of the data for May and June.
HOW MUCH IS THE SALARY DIFFERENCE FOR CIVIL SERVANTS AND RETIRED CIVIL SERVANTS?
Civil servants and retired civil servants will receive a 6% increase in the first 6 months of 2025 according to the collective agreement. However, if inflation exceeds this rate, the difference will also be reflected in salaries. This difference has occurred in the first four months. So far, the civil servant increase has been recorded as 12.29%, while the inflation difference has been noted as 6.94%.
THE INFLATION DIFFERENCE HAS BEEN 6.94%
For the salary increase of civil servants and retired civil servants, the inflation data for May and June also needs to be announced. According to the Market Participants Survey regularly published by the Central Bank every month, a monthly inflation of 2.20% is expected for May and 1.70% for June. These figures indicate that the 6-month inflation difference to be announced in July could exceed 17%.
HOW MUCH WILL THE LOWEST RETIREMENT SALARY BE?
In January 2025, a 15.75% increase was made for SSK and Bağ-Kur retirees, raising the lowest retirement salary to 14,469 TL. With the July increase, this figure is expected to rise again. According to current estimates, the lowest retirement salary is expected to be around 16,500 TL. As the first quarter of 2025 comes to an end, all eyes are on the July increase for retirees and civil servant salaries.