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With the entry of November, the eyes of retirees and civil servants in the survey on rising wage expectations. Less than two months have passed before the wage increases, which affect millions of people, are finalized. The most important factor in finalizing higher wages is the latest inflation data for the year. Percentage in the latest Central Bank Expectation Survey 12.1’lik The 2020 CPI forecast shows inflation in the second half of the year could be 5.68%. According to this estimate, the January increase will increase to 4.68% with an inflation difference of 1.68%. If the January increase is 3 percent, the lower salary; It will go from Lire 3,719 to Lire 3,830 for public employees and from Lire 2,814 to 2,898 for retired civil servants. If the rate rises to 4.68 per cent, the lowest salary of public employees will reach 3 thousand 893 and the salary of pensioners will reach 2 thousand 946 lire.
2021 RETIREMENT AND OFFICIAL PAYMENT
While a 3% increase is observed for civil servants and retired civil servants as part of the arbitration panel decision in January, this rate could increase with the difference in inflation. If inflation in the second half of 2020 exceeds 4 percent, the surplus will be added to the rate of increase.
The Central Bank’s inflation forecast of 12.1% shows that inflation in the second half of 2020 could reach 6%. According to this estimate, the January increase will increase to 5% with an inflation difference of 2%.
HOW WILL THE LOWER Salary BE?
Public employees and retired civil servants increased by 4% for the second 6 months of 2020 as required by the collective agreement, and it was also decided to give a 3% increase in the first 6 months of 2021 and 3% in the second 6 months of 2021. If the estimate in the YEP is valid, the salaries and pensions of civil servants and retirees will be increased by 3 percent, effective before January 1, in the normal contract.
If the January increase is 3 percent, the lower salary; It will go from Lire 3,719 to Lire 3,830 for public employees and from Lire 2,814 to 2,898 for retired civil servants.
If the rate rises to 5 percent, the lowest salary of civil servants will reach 3,905 and the salary of retired civil servants will reach 2,955 lire.
HOW DOES THE FAMILY HELP YOU GROW?
Family care for civil servants will also increase in January. With an increase of 5 per cent, assistance to the spouse will go from 351.09 lire to 368.64 lire, the family allowance from 77.23 lire to 81.09 lire 0-6 years, from 38.62 lire to 40.55 lire over 6 years. While the civil servant who has 2 children under the age of 6 and whose wife does not work receives 505.55 lire a month, this figure will reach 530.82 lire.
MINISTER ANNOUNCED!
As part of the New Economy package announced by Finance Minister Berat Albayrak, targets for end-2020 inflation rates have been announced. Minister Albayrak has announced that inflation rates will be 10.50% by the end of 2020.
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