What is the 4-month inflation difference? How much will the 2025 civil servant and retiree salary increase be?
With the announcement of October inflation data, the salary increase for civil servants and retirees has become a subject of curiosity. Civil servant salaries are updated twice a year, in January and July, with the inflation difference and a 6% collective bargaining agreement increase. Millions of employees are now focused on the 4-month inflation difference following the October inflation figures. So, what is the 4-month inflation difference, and how much of a raise will be applied to civil servant and retiree salaries based on the October data?
The 4-month inflation difference closely affects millions of civil servants and retirees. While civil servants and civil servant retirees receive an inflation difference twice a year, SSK and Bağ-Kur retirees receive a raise at the rate of inflation that occurs. With the announcement of the 4-month inflation difference for July, August, September, and October, the raise rates are becoming clearer. So, what is the 4-month inflation difference, and how much will the civil servant and retiree salary increases be for 2025?
WHAT IS THE 4-MONTH INFLATION DIFFERENCE?
According to data announced by the Turkish Statistical Institute (TÜİK), inflation in September was recorded at 2.97 percent monthly. With the announcement of the October inflation data, the 4-month inflation difference, which is decisive for civil servant and retiree raises, has also become clear.
According to this data, monthly inflation was determined as 3.32 percent for July, 2.47 percent for August, 2.97 percent for September, and 2.88 percent for October.
Based on this data, SGK and Bağ-Kur retirees have already secured a 12.06 percent raise difference. The inflation difference to be reflected in civil servant salaries was announced as 1.87 percent.
According to these calculations, with the addition of the 6 percent from the 7th Term Collective Bargaining Agreement on top of the 1.87 percent inflation difference, a total cumulative raise of 7.99 percent will occur. This raise will be reflected in the salaries in January 2025 and will be calculated cumulatively with the monthly inflation rate announced each month.
HOW MUCH WILL RETIREE SALARIES BE ACCORDING TO THE 4-MONTH INFLATION DIFFERENCE?
According to the October inflation data announced by the Turkish Statistical Institute, inflation showed a monthly increase of 2.88 percent in October. Based on this data, SSK and Bağ-Kur retirees have already secured a 12.06 percent raise according to the 4-month inflation difference.
HOW MUCH WILL THE 2025 CIVIL SERVANT AND RETIREE RAISE BE IN JANUARY?
Civil servants and civil servant retirees receive an inflation difference in addition to the collective bargaining agreement raise.
The first raise of 2025 will be applied for civil servants in January according to the collective bargaining agreement raise. As of October, this figure has exceeded 12.06 percent.
The final figure will become clear with the announcement of the inflation data for November and December. In addition, civil servants and civil servant retirees will also receive a 15 percent collective bargaining agreement raise in January.
News Source : 12punto
Most Read
Historic words from Özgür Özel at the CHP group meeting
Air Force Academy student Veli Bilgin has died
Tuncer Bakırhan calls for a framework law
How did the newspapers view Özgür Özel's farewell to the CHP?
He killed his wife by slitting her throat: Their children witnessed the moments
Here are the names that will be in Özgür Özel's new party!
Major crisis in CHP
The PKK opening and Özgür Özel’s path!..
AKP mayor held responsible
Kılıçdaroğlu's 'controlled' shopkeeper visit