Finance

Table after April inflation in pensioner and civil servant hike

With the announcement of the inflation data for April, the hikes that millions of retirees will receive began to become clear.

According to the data of the Turkish Statistical Institute (TUIK), the consumer price index increased by 2.39 percent in April compared to the previous month, by 15.21 percent compared to December of the previous year, and by 43.68 percent compared to the same month of the previous year.

Retired workers will receive a raise in July as much as inflation in the first six months. According to TUIK data, four-month inflation in April was 15.21. In other words, if the inflation never increases in the next two months, in May and June, the retired worker will receive a 15.21 percent increase.

According to the collective bargaining agreement for 2023, civil servants and civil servant retirees will receive an increase of 8 percent for the first six months and a 6 percent increase for the second six months and the inflation difference. Thus, if the last two months are not taken into account for civil servants and retired civil servants, the increase they will receive will be 7.21 percent inflation difference.

Sayyanen asked for a raise

Memur-Sen had demanded an additional raise for civil servants, even a temporary raise, based on the inflation data released last month.

Ali Yalçın, Chairman of Memur-Sen, pointed out that the salaries were melting and talked about the increase.

On the other hand, Minister of Labor and Social Security Vedat Bilgin announced that after the lowest pension was increased to 7 thousand 500 liras, “retirees with a salary above 7 thousand 500 liras will be given a welfare share so that the gap between those with the lowest pensions does not close”.

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