How much is the pension increase? What percentage will be the pension increase?
Officials, who are faced with hike after hike every month, at least want to relax a bit on the inflation gap. Although 2023 is expected for civil servants and retirees, the salary increase rate seems to be determined.
HOW MUCH WILL THE PENSION INCREASE BE?
The increase in inflation is around 3 percent in December, and if there is no additional increase for the election year, retired civil servants will have to settle for a dwarf salary increase of 18.6 percent, and workers, merchants, and retirees peasants of 17.5 percent. .
NEW YEAR’S RENT 18.6 PERCENT
According to TUIK, consumer prices have increased by 14.05 percent in the last 5 months since July. In July, civil servants and retirees of civil servants increased 7 percent, excluding the difference in inflation. According to the calculation method of the Ministry of Finance and Finance, civil servants and civil servants will receive an inflation difference of 6.6 percent during the last 5 months. This difference, which shows that salaries and pensions have melted even in the face of TUIK inflation, which does not measure the real cost of living, will not be paid immediately, but with the increase in the collective agreement that will be made in the new Year. . If inflation rises 3 percent in December, 6-month inflation will rise to 17.5 percent. Thus, the difference in inflation between civil servants and retirees will increase to 9.8 percent. In addition to the inflation difference, the total increase rate will remain at the level of 18.6 percent with the 8 percent collective bargaining increase that the civil servant and the retiree will receive. The pensions of the retired workers, merchants and farmers will increase in 6 months, that is, by 17.5 percent.
Source: Sozcu

Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.