Inflation ZamHow Will It Affect Civil Servants and Retirees? Zam Rates Begin to Become Obvious
While inflation rose above 61 percent in September, millions of civil servants and retirees are wondering about the inflation increase. While civil servants and retirees receive the inflation difference, SSK and Bağ-Kur retirees are entitled to an increase equal to inflation. Zam The rates began to become clear with the announcement of the inflation figures for July, August and September. Here is the latest situation in the increase calculations of civil servants and retirees…
Civil Servants and Retired Civil Servants Will Receive Inflation Difference
Civil servants and civil servant retirees receive an inflation difference in addition to the collective agreement increase. Civil servants and retirees who received a 6 percent contract increase in July will be entitled to an inflation difference in an amount exceeding this rate.
As of the end of September, this figure has exceeded 18 percent. The net figure will be determined by inflation data for October, November and December.
SSK and Bağ-Kur Retirees are as Much as Inflation Zam credit
The situation is different for SSK and Bağ-Kur retirees. Retirees in this scope are entitled to a raise equal to the inflation rate every 6 months. Since three-month data was announced in the second half of the year, there is already a 25,11 percent raise opportunity. The raise rate will become clear with the announcement of data for the remaining three months of the year.
The increase rates will become clear with the inflation rate to be announced on January 4, 2024. There is also the possibility that the government will add a welfare share to these rates.
Year-End Inflation Forecast: 65 Percent
In the Medium Term Program (MTP) announced by the government, year-end inflation was predicted to be 65 percent. The inflation rate reached 61,53 percent as of the end of September. The exact figure will become clear with October, November and December data.
