Government corridors buzz with reports that July pension rise will be 12 percent

Word has emerged from government corridors that the increase to be applied to retirees in July will be 12 percent. According to information reported by Sözcü Newspaper, the figure is drawing attention as the number at the forefront of internal government assessments for Social Security Institution (SGK) retirement pensions.

In Türkiye, retirement pensions are updated twice a year based on inflation data. In these adjustments, carried out in January and July, CPI figures and the government-determined welfare increment are considered together. The increase rate expected to be set for July 2025 directly affects nearly 14 million retirees.

The 12 percent figure under discussion is prompting assessments that it lags behind the most recently announced inflation figures and the purchasing-power losses suffered by retirees. The official announcement is expected to be made by the Ministry of Labor and Social Security at the beginning of July.

Sözcü's report does not include official confirmation of this rate.