Civil servants and retirees receive salary increases twice a year, in January and July. While these increases are made according to six-month inflation for SSK and BAĞ-KUR retirees, civil servants and civil servant retirees receive inflation difference in addition to the collective bargaining increase. This difference is also calculated according to six-month inflation.
TIME IN POCKET
According to the 7th Term Collective Agreement; While the salaries of civil servants and the pensions of retired civil servants will be increased by 15 percent in the first six months of 2024 and by 10 percent in the second six months of 2025, there will be an increase of 6 percent in the first six months of 2025 and 5 percent in the second six months. If inflation remains higher than the raise rates, civil servants and retired civil servants will see the inflation difference in their salaries as a raise.
Turkish Statistical Institute (TUIK) announced that monthly inflation was 2.88 percent in October. Annual inflation was announced as 48.58 percent. Once again, the eyes of millions of retirees and employees are focused on the raise they will receive in January 2025.
With the October inflation data becoming clear, the 4-month inflation difference, which is a determining factor in the raises for civil servants and retirees, has also taken shape. Accordingly; Monthly inflation was announced as 3.32 percent for July, 2.47 for August, 2.97 for September and 2.88 percent for October.