Will retirement salaries increase in July? The answer to this question is crucial for millions of retirees living below the poverty line.

Recent calculations indicate that the raise in retirement salaries will not reach the poverty line. According to the Turkish Statistical Institute (TUIK), the inflation rate for the first five months of the year has been set at 15.09%. This rate significantly affects the purchasing power of retirees.

The raise to be applied in July will determine the base salaries of retirees. However, this raise will not be sufficient for retirees living below the poverty line. The decisions made by the government will directly impact the living standards of retirees.

According to economists' predictions, the increase in retirement salaries in July could raise the lowest retirement salary from 14,469 TL to 17,250 TL. However, this increase will still remain below the poverty line.

To improve the living standards of retirees, more permanent solutions are needed. Regulations for equalization and across-the-board raises should be reconsidered to increase retirees' incomes.