Milliyet.com.tr/ There are only a few days left until the salary increase for civil servants and retirees for the new period. The inflation rate for the first six months of the year will be determined on July 3rd. So how much will civil servants and retirees get in salary? Will all groups be given a share of welfare? What are the most likely predictions for the lowest pensions?
Explaining questions on this issue to milliyet.com.tr, Social Security Advisor Emin Yılmaz said, “The inflation gap for the first five months was finalized at 22.72 percent for SSK and Bakir retirees and 17.38 percent for civil servant retirees. It can be said that this is because there is a labor agreement.”
All that remains is June’s inflation. According to inflation estimates, the salary difference between SSK and Bağkur retirees is calculated at 25.86%, while the salary difference between civil servant retirees is calculated at 20.39%.
Who receives welfare distributions?
I think that retirees, especially from SSK and Bağkur, will be given a 5% to 10% welfare benefit. In my opinion, the 5% rate is overkill, because the second semester of 2024 is still far away. Inflation is expected to fall in the second half of this year. Therefore, the application of welfare contributions for this period will be determined by a lower amount. I think it is unlikely that welfare contributions will be 10%.
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Who receives welfare distributions?
I think that retirees, especially from SSK and Bağkur, will be given a 5% to 10% welfare benefit. In my opinion, the 5% rate is overkill, because the second semester of 2024 is still far away. Inflation is expected to fall in the second half of this year. Therefore, the application of welfare contributions for this period will be determined by a lower amount. I think it is unlikely that welfare contributions will be 10%.
Furthermore, retirees and civil servants are assessed based on the collective agreement. In the past period, we can see that the salary gap of all retirees except currently serving civil servants has been equalized. With this assumption, if SSK and Bağkur retirees are given 5% welfare contribution, civil servant retirees must be given 10% welfare contribution to equalize the salary increase rate. In this case, SSK, Bağkur and civil servant retirees will be given a 30.86% salary increase along with their welfare contribution.
Are government employees given benefits?
I do not expect welfare contributions to be given to civil servants because they will be paid a regular payment of 8077 TL in July 2023, which has been made permanent by law. I do not expect welfare contributions to be given to civil servants at this time due to the increased turnover in the past.
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Will pension increases be equalised?
We have seen this pay equalization method many times before, so we believe this policy will be permanent and will ensure fair pay by equalizing the 5 percentage point difference between retirees without dividing their salaries.
What is the most likely prediction for the lowest retirement benefits?
I think the most likely thing regarding pensions will be the renewal of the basic pension, I think this figure will increase between 12,500 or 15,000 TL.
“I think the basic pension will be revised if it exceeds TL 10,000 because the inflation difference is applied to the basic pension, but there will be no noticeable increase, especially for those who receive a basic pension of less than TL 8,000.”