Millions of retirees await the announced raise rate! The figure is becoming clear

The critical process that will determine the salary increase for millions of SSK and Bağ-Kur retirees in July is nearing its end.

All eyes are on the June inflation data to be announced on July 3, and with this figure, the exact raise rate that retirees will receive will become clear.

RAISE RATE TO BE FINALIZED WITH JUNE INFLATION

The June inflation data to be announced by the Turkish Statistical Institute will be the final data point determining the July salary increase for SSK and Bağ-Kur retirees.

If June inflation occurs at the level of 1.36 percent, the total raise rate to be applied to SSK and Bağ-Kur retirees is expected to be 18.19 percent.

Currently, the lowest pension is applied at the level of 20 thousand liras. If the expected 18.19 percent increase occurs, it is estimated that the lowest pension will rise to 23 thousand 638 liras.

MILLIONS OF RETIREES ARE WAITING FOR JULY 3

The exact raise rate to be reflected in retirees' salaries will be determined after the June inflation data is announced on July 3.