Expectations for Retiree Pay Raise

Millions of SSK and BAĞ-KUR retirees are eagerly anticipating a potential additional increase in their salaries as new formulas are being discussed. According to economist Muhammet Bayram, SSK and BAĞ-KUR retirees can expect to receive a 49.25% raise, including the legal inflation difference of 37.57%. The last increase in the lowest pension occurred in April 2023, bringing the pension to 7500 TL.

As retirees await news of potential salary increases, Bayram predicts a raise of 11.68% or 12% for both civil servant retirees and SSK and BAĞ-KUR retirees, nearly reaching a 50% increase. He also expects the retirement increase to result in pensions ranging from 11,250 TL to 11,500 TL, representing an increase of nearly 50% for civil servant retirees, SSK and BAĞ-KUR workers.

Experts anticipate that an additional increase in pensions will be announced in January, with the changes reflected in salaries come February. Retirees are hopeful that these adjustments will help alleviate financial strain and improve their quality of life.

 

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