Countdown for retirement and civil servant salaries

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Lerato Khumalo

Inflation data is expected for the 2025 civil servant and pension increase. While millions of people are focused on the raise rate, civil servant salary increases and pension increases have become one of the main agenda topics.

Monthly CPI was announced as 3.23 in July, 2.7 in August, 2.97 in September, 2.88 in October and 2.24 in November.

According to the first five-month inflation calculation, the increase rate that will be reflected on SSK and BAĞKUR retirees is 14.57 percent. According to the news of Önder Yılmaz from Sabah newspaper, the raise rate of civil servants and retired civil servants was 10.41 percent cumulatively, together with the 6 percent raise resulting from the collective agreement.

CENTRAL BANK’S ACCOUNT

In the Central Bank’s latest survey, the expectation that December inflation, which is the key month, will be 1.72 came to the fore. In the study of the Central Bank, the six-month inflation rate that concerns SGK and BAĞKUR members will be 16.54 percent. If December inflation reaches 2 percent, inflation in the last six months of 2024 will reach 16.86 percent.

POSSIBLE SCENARIO FOR OFFICERS!

The difference that will be reflected in the salaries of civil servants and retired civil servants will be 6.24 percent. If inflation comes to 2.5 percent, this time the 6-month inflation will increase to 17.43 percent and the inflation difference will increase to 6.76 percent.

The raise calculation for retired civil servants and civil servants is made differently than for SGK and BAĞKUR retirees. Civil servants and retired civil servants received the 10 percent raise resulting from the collective agreement for the first six months of 2024.