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Home > Photo Gallery > 3-month inflation difference announced: How much will the civil servant and retiree raise be in 2025?

3-month inflation difference announced: How much will the civil servant and retiree raise be in 2025?

Following the inflation figures announced by TUIK, all eyes have turned to the 3-month inflation difference. The 3-month inflation difference that SGK and Bağ-Kur retirees will receive has been determined. The net rate will be finalized once the official inflation data for October, November, and December are released. So, what is the 3-month inflation difference? How much will the 2025 civil servant and retiree raise be based on the inflation difference? Here are the details...

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Published: 03.10.2024 11:45 Updated: 03.10.2024 11:45 News Source : 12punto
3-month inflation difference announced: How much will the civil servant and retiree raise be in 2025? 1 / 12

The Turkish Statistical Institute (TÜİK), which has drawn public criticism over the data it releases, has announced the inflation figures for September.

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According to TUIK, inflation increased by 2.97 percent on a monthly basis in September. Annual inflation, meanwhile, fell from 51.97 percent to 49.38 percent.

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With the announcement of inflation figures, eyes have turned to the 3-month inflation difference, which is a determining factor for salary increases for civil servants and pensions for retirees.

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According to data shared by the Turkish Statistical Institute (TÜİK), inflation for the month of August was announced at 2.47 percent.

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Accordingly, monthly inflation was announced as 3.32 percent for July, 2.47 percent for August, and 2.97 percent for September.

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The 3-month inflation adjustment for SSK and Bağ-Kur retirees currently stands at 8.92 percent. For civil servants to receive an inflation adjustment, an additional 0.99 percent inflation must occur.

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Since this raise will be reflected in the salaries in January 2025, it will be calculated cumulatively based on the monthly inflation rate announced each month.

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According to the collective bargaining agreement, civil servants and civil servant retirees will receive their first salary increase of 2025 in January.

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As of the end of September, this rate is 8.92 percent.

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The net rate will be determined once the official inflation data for October, November, and December are released.

3-month inflation difference announced: How much will the civil servant and retiree raise be in 2025? 11 / 12


3-month inflation difference announced: How much will the civil servant and retiree raise be in 2025? 12 / 12



News Source : 12punto

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Inflation Pensioner pension salary Retired Civil Servants