Latest Developments and Expectations Regarding Retirement Salaries

The latest developments regarding retirement salaries are exciting. The inflation data released by the Turkish Statistical Institute (TUIK) will directly affect retirement salaries.
According to recent data, the lowest retirement salary has reached 14,469 lira. However, this figure is expected to rise further. The four-month inflation rate is calculated at 13.36%, which means salaries could rise to 16,402 lira.
With the approval of President Erdoğan, legal regulations that need to pass through the Parliament will lead to an increase in retirement salaries. In this process, inflation data is of great importance.
The reliability of the data announced by TUIK regarding salary increases is also a topic of discussion. Former TUIK President Birol Aydemir stated that the data does not reflect the truth.
The increase in retirees' salaries is not only dependent on inflation rates. The completion of legal processes is necessary. Announcements to be made in July will directly affect retirees' salaries.
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