Countdown has begun for retirement salaries! In July, the expected increases are eagerly awaited.

The Turkish Statistical Institute (TUIK) will announce the inflation figures for April. These figures will determine the 4-month salary increases for retirees.

Retirees have already earned a 10.06% increase for the first three months. The 4-month difference in salaries will be clarified with the April data.

According to the Central Bank's Market Participants Survey, monthly inflation is expected to be 3.07% in April. This will affect the increase rate for retirees.

Social Security Consultant Emin Yılmaz stated that the year-end inflation expectation is 29.98%. This will directly impact the increase in retirement salaries.

The lowest retirement salary is expected to rise to 17,060 TL. This will lead to an increase in the salary rates for retirees.

The salary increases for retirees in July will be calculated based on the 4-month inflation difference. Therefore, an important period is beginning for retirees.