With only a short time left until 2025, expectations regarding the minimum wage, civil servant, and retired pension increases have begun to rise. Millions of retirees are wondering how much of an increase they will receive starting from January of the new year and when the minimum retirement pension amount will be determined. The salary increase rate for millions of civil servants and retirees will be announced in January. The inflation rate for the past 6 months needs to be determined in order to finalize the increased salaries. So, when will the retirement pension increase take place? How much will the retirement pensions be? Millions of workers, civil servants, and retired individuals are focused on the January adjustments for their pensions. Civil servants, as well as retired civil servants and workers, receive their increase based on the 6-month increase rate. The three-month inflation rate emerged along with September. Accordingly, the total inflation in July, August, and September was recorded as 8.92%. Here is the latest update on the retirement pension increase in 2025… WHEN WILL THE RETIREMENT PENSION RATE BE ANNOUNCED? The 8.92% increase for worker retirees has already been confirmed. Retirees received a 24.73% increase in June based on the 6-month inflation rate. The current retirement pension rates will be clarified during the first week of January 2025. WILL INFLATION DIFFERENCE BE PAID? Civil servants and retired civil servants received a 10% contract increase in July. They will receive an inflation difference exceeding this amount for the 6-month inflation period. In addition to the inflation difference, an additional 6% increase due to the collective agreement will also be provided. Civil servants have not been eligible for an increase as the inflation rate has not exceeded the 10% threshold. HOW MUCH CAN THE RETIREMENT INCREASE BE IN 2025? Market predictions suggest that the 6-month inflation rate can be around 15%. Worker retirees receive an increase based on the 6-month inflation rate. If this scenario materializes, the annual increase rate for retirees will be around 15%. WHAT WILL BE THE MINIMUM PENSION AMOUNT? The minimum pension for retired civil servants increased to 17,587 liras in July. If the same scenario is realized, the minimum monthly amount will increase to 19,521 liras. The minimum retirement pension was determined as 12,500 liras as of July. Despite the inflation increase, pensions below this amount have been raised to 12,500 liras. According to current figures, 3,703,180 individuals receive the minimum retirement pension. An amendment by the Parliament is necessary for an increase in the minimum retirement pension amount. The figure determined by the economic administration is presented to the Turkish Grand National Assembly as a bill. Therefore, the inflation-based increase rate does not affect the minimum retirement pension amount.