How much will the pension be? July’s retired increase is clear…
The pension increase is determined by the inflation rates of January, February, March, April, May and June and the inflation difference of the first 6 months. The salary increase for pensioners and civil servants, the first of which was carried out in January, will be carried out for the second time in July. The Consumer Price Index (CPI) reached 15.26 percent in the first 5 months.
HOW MUCH WILL THE INCREASE IN RETIRED AND EMPLOYEES BE?
The Turkish Statistical Institute of Turkey (TUIK) first 5-month consumer inflation largely revealed the inflation difference of millions of retirees and civil servants and the 6-month rate of increase.
In the event that the CPI is realized as 1 or 2 percent in June and no additional social participation is granted, an increase from 14.25 to 15.38 percent for civil servants and public employees, and from 16.41 to 17 .56 percent for other retirees.
AT THE BEGINNING OF THE YEAR, A 30 PERCENT HIRING WAS CARRIED OUT
At the beginning of the year, public employees and retired civil servants increased by a total of 30 percent, including an 8 percent increase in collective bargaining, 8.48 inflation difference points, and 13.52 social participation points.
The increase of former retirees from SSK and Bağ-Kur was also 30 percent with 14.6 social participation points.
In addition to the 6 percent increase in collective bargaining for civil servants and retirees in July, an increase of 14.25 percent, including the 7.79 percent inflation difference, if June inflation rises to 1 percent; If it is 2 percent, there will be a total increase of 15.38 percent, including the inflation difference of 8.85 percent.
In this case, the lowest civil servant pension will increase from 7,782 liras to a maximum of 9,014 liras.
COULD INCREASE TO 20 PERCENT
Since the former retirees of SSK and Bağ-Kur will receive an increase equal to the 6-month inflation rate, if the June CPI increases by 1 or 2 percent, the rate of increase will be from 16.41 to 17, 56 percent.
If no further increase is made, the lowest pension, which remains 7,500 lira, will see a maximum of 8,817 lira.
If the good news of free natural gas given before the elections had not been reflected in zero inflation and the CPI had not been lowered, the 6-month rate increase would have been around 20 percent.