Civil Servants and Pensioners’ Raise Rate Announced Tomorrow: High Expectations
The rate of increase to be made to civil servants and pensioners will become clear with the December inflation data to be announced tomorrow.
Civil Servants and Pensioners’ Eyes on the Increase Rate to be Announced Tomorrow
The exciting wait for the rate of increase in the salaries of civil servants and pensioners is coming to an end. The December inflation data to be announced by the Turkish Statistical Institute (TÜİK) on January 3, 2025 will determine the salary increases. The regulation, which concerns a total of 20.5 million people, will shape the salary increases for 2025.
After the minimum wage was determined as 22 thousand 104 TL, civil servants and retirees also focused on the rate of increase. While civil servant salaries are evaluated within the scope of the collective agreement, SSK and Bağ-Kur retirees are waiting for their increases to be determined according to inflation rates.
Collective Bargaining Raises and Inflation Difference
Salary increases for civil servants and civil servant retirees are realized in line with collective bargaining agreements. Civil servants, who received a 10 percent raise in July 2024, will receive an additional raise with the inflation difference in the second half of the year. According to TURKSTAT data, the inflation difference in the July-November period was 14.57 percent. To this, a 6 percent increase arising from the collective agreement will be added.
December inflation, which will be announced tomorrow, will ensure the completion of the 6-month difference. Economists expect December inflation to increase by 1.61 percent. In this case, civil servants and pensioners will receive at least 22 percent raise.
Expected Increase Rate for SSK and Bağ-Kur Pensioners
SSK and Bağ-Kur pensioners will also receive a raise according to inflation data. The five-month inflation rate of 14.57 percent signaled an increase for pensioners in this group. The increase rate will become clearer with the addition of December inflation. Although the annual inflation expectation is expected to fall to 45.21 percent, a significant increase is expected in pensions.
Economic Expectations and Survey Results
The results of the survey conducted by AA Finans showed that inflation expectations for December varied between 1.10 percent and 1.96 percent. The average expectation was shaped at 1.61 percent. Accordingly, annual inflation is expected to fall to 45.21 percent.
Economists announced their end-2025 inflation forecast as 27.32 percent, while reminding that the consumer price index increased by 2.24 percent in November. This situation will be directly reflected in salary increases.
Will Salary Increases Be Above Inflation?
It is aimed to keep the increase rates for civil servants and retirees above inflation. It is stated that improvements can also be made in the lowest pensions within the scope of the government’s social welfare arrangements. Additional support may be on the agenda, especially for low-income retirees.
Additional Raise Expectation Increases
Civil servants and pensioners expect higher salary increases with the inflation difference in addition to collective bargaining increases. Economists think that this year’s raises will be organized in a way to increase the welfare share.
When will the raise decision be implemented?
The increase rates determined with the inflation data to be announced will be reflected on salaries as of January. While it is aimed to reduce inflation, especially in the first quarter of the year, salary increases are aimed to support purchasing power.
