US EditionHow Much Will the Pension Increase Be with the Difference of 5 Months of Inflation?
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The June inflation rate, which millions of retirees are eagerly waiting for, and the increased figures for pension salaries will be determined. With the May inflation rate announced by TÜİK the other day, the possible final data for pension salaries became clear on certain rates. So, with the 6-month inflation data to be announced in July, how many thousand liras will the new increased salaries of SSK, BAĞ-KUR and civil servant retirees increase…
After the Turkish Statistical Institute (TUIK) announced the inflation data for May, the 5-month inflation difference in the pension and civil servant increases became clear. Accordingly; monthly inflation in May was 1.53 percent, while annual inflation was 35.41 percent. Civil servant salaries are increased twice a year in January and July, taking into account the 6-month inflation difference and the collective agreement increase. So, "How much…
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