TURKSTAT Announces Inflation! How Much Will SSK, Bağ-Kur and Civil Servants Retirement Increase be in 2022?

TURKSTAT Announces Inflation! How Much Will SSK, Bağ-Kur and Civil Servants Retirement Increase be in 2022?
TURKSTAT Announces Inflation! How Much Will SSK, Bağ-Kur and Civil Servants Retirement Increase be in 2022?

The new hike rate has appeared! The salary increase, which will be determined according to the 6-month inflation data, is determined by the data of TURKSTAT. According to November inflation announced by TURKSTAT; The 2022 pension is coming out. Only December data remained for the clear determination of the anthems. However, estimations began to be made with the resulting 5-month rate. The question of how much the pension increase will be, which SSK and Bağ-kur retirees are investigating with great interest, attracts great interest. Has the retirement increase rate been announced, what is the latest situation?

While the 4-month hikes of SSK and Bağ-Kur retirees are 6.72 percent, the hikes will be finalized by adding the inflation rates of November and December to this rate.

HOW MUCH WILL THE OFFICER AND PENSION'S SALARY INCREASE?

In November, the consumer price index (CPI) increased by 3,51% monthly and 21,31% annually. In CPI (2003=100) in November 2021, 3,51% compared to the previous month, 19,82% compared to December of the previous year, 21,31% compared to the same month of the previous year and 17,71% according to the twelve-month averages. There was an increase of .XNUMX.

The raise rate that workers, tradesmen and farmer retirees will receive every 6 months is increased by the CPI rate of the past 6 months.

The Central Bank raised its year-end inflation forecast from 14 percent to 18.4 percent. This means that there may be an inflation difference of about 7 percent for civil servants and retired civil servants at the end of the year, in other words, the total increase may be at the level of 12 percent.

Inflation in the last 2 months will be decisive. If the raise is 12 percent, the lowest civil servant salary will increase from 492 thousand 4 liras to 102 thousand 4 liras with an increase of 594 liras. The lowest civil servant pension will also increase from 3 thousand 276 lira to 3 thousand 669 lira.

According to the inflation rate announced so far, the lowest pension is from 2 thousand 350 lira to 2 thousand 508 lira for tradesmen, from 567 lira to thousand 993 lira for farmers, from 2000 thousand 2 lira to 624 thousand 2 lira for SSK employees who retired before 800. SSK members who retire later will increase from 2000 lira to 626 lira.

EYES ON DECEMBER INFLATION NUMBERS

Civil servants and civil servants retirees are paid an inflation difference equal to the difference if the raise they receive in the collective agreement is below the 6-month inflation rate. According to the figures of TURKSTAT, the consumer price index increased by 5 percent cumulatively in the 7,47-month period from July to the end of November. In order for the salary hikes to emerge clearly, the monthly CPI rate of December must also be announced.

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