After the increase in the minimum wage, the eyes of millions of civil servants and retirees turned to the rate of increase they will receive in the new year. 6-month inflation data is critical in determining the salaries of civil servants, SSK and Bağ-Kur retirees. Along with the inflation figure for December, which will be announced this week, the hike rate will also appear. It is expected that the welfare share will be given on top of the figure to be cleared.
The eyes of civil servants, contract workers and retirees turned to the inflation figures for December, which will be announced tomorrow. In case the expected inflation rate of 66.59 percent is realized, based on the 17.02 percent inflation increase for the July-December period, the 10.11 percent inflation difference in salaries and an 8 percent increase in accordance with the collective agreement will increase to 18.11 percent. a raise is required. Turkish Statistical Institute (TUIK), December inflation data will be announced at 10:00 tomorrow.
According to Turkstat data, the Consumer Price Index (CPI) increased by 2.88 percent in November compared to the previous month, while consumer prices increased by 14.05 percent in the July-November period. Thus, in the 5-month period, while the 7 percent increase in salaries was exceeded, the inflation difference emerged.
As a result of the collective agreement, civil servants will receive an inflation difference if the CPI remains stable in December or if monthly inflation does not fall by more than 6.18 percent. For the first six months of 2023, an increase will be made at the rate of 8 percent plus the inflation difference. Civil servants, contracted and civil servant retirees will receive their increased salaries and inflation difference on January 15th. On the other hand, SSK and Bağ-Kur retirees will receive an increase in their salaries at the rate of inflation for the last 6 months of last year.
OFFICER WEALTH SHARE IS ON THE AGENDA
It is expected that an additional support will be provided to the salaries of civil servants and retirees, effective from January, in addition to the inflation difference and the increase they will receive from the collective agreement. According to the December inflation expectations survey conducted by AA Finans with the participation of 14 economists, the average inflation expectations for December were announced as 2.61 percent, and accordingly the annual inflation expectations were announced as 66.59 percent. If the expectations survey is realized, based on the 17.02 percent inflation increase for the July-December period, a 10.11 percent inflation difference in salaries and an 8 percent increase and 18.11 percent increase should be made in accordance with the collective agreement.
