New Update on Minimum Salary for Civil Servants and Pensions – Stay Informed!
The anticipation is building as the December inflation data, which will determine the raises for millions of civil servants and retirees, is set to be announced by TurkStat on January 3. This crucial data will provide clarity on the raise differences that will affect the salaries of civil servants and retirees in 2025.
CNN Turk Reporter Murat Bekmezci highlighted the significance of this data, explaining that retirement and civil servant salaries are calculated based on the 6-month inflation difference. The raise rates for these individuals will be determined based on the data released on Friday.
President Erdoğan also emphasized the importance of reducing inflation to increase purchasing power and improve the welfare level of the people. He noted that inflation has been decreasing steadily since June.
Market participants have different expectations for the increase rate, with predictions suggesting that the 6-month inflation difference could range from 16.86 percent to 17.43 percent. This will have a direct impact on the salaries of civil servants and retirees.
The expected minimum salary for the lowest civil servant is projected to increase to 44,121 TL with a raise of 12.62 percent, while a raise of around 13 percent could see it rise to 44,270 TL. For retired civil servants, the minimum salary is expected to increase to 19,697 TL with a 12 percent raise.
The announcement of the raise on Friday will bring clarity to the millions of civil servants and retirees eagerly awaiting the news. Stay tuned for updates on this developing story.
