As January approaches, the interest rates that civil servants and retirees will receive began to be wondered. It is possible to make some calculations by looking at the year-end inflation forecasts…
Some clues about the hike rates to be made in January have started to come. Yeni Asır newspaper writer Faruk Erdem conveyed details concerning millions of civil servants and retirees. Here is Erdem’s post:
“While SSK and Bağ-Kur retirees get a raise at the 6-month inflation rate, civil servants and retirees will receive a 6-month inflation difference of over 7 percent, in addition to the 8 percent increase in collective bargaining. Meanwhile, the Medium Term Program target is set as 65 percent at the end of the year, while the Center According to the survey conducted by Anadolu Agency with economists, the expectation for year-end inflation was 73.88 percent. According to these rates, the new salary increases are calculated as follows:
ACCOUNTS BY RATIOS
3-MONTH INFLATION: 7.05 percent
FIRST FORECAST (Medium-term program based on 65 percent): 15.91 percent
SECOND FORECAST (according to Central Bank survey 67.73 percent): 17.83 percent
THIRD FORECAST (according to the Anatolian agency survey 73.88 percent): 22.15 percent
How is the payment?
SSK, BAĞ-KUR RETIRED: 6-month inflation and base salary increase
PENSION FUND RETIRED: 8 percent hike and inflation difference
OFFICER: 8 percent increase and inflation difference
SOCIAL PAYMENTS: 8 percent hike and inflation difference”
.