CBRT raised its forecast: New calculation made for retirement salaries! How much will the retirement raise be?

The Central Bank of Turkey raised its end-2026 inflation forecast to 29.5%, prompting a recalculation of 2027 pension increases. If the forecast materializes, SSK and Bağ-Kur retirees would receive a January raise of 9.98%, while civil servants and civil servant retirees would see 7.92%. A welfare supplement of 10% to 20% on top of the inflation adjustment is also under consideration. The revised forecasts matter because they set the baseline for pension income for millions of retirees. What to watch next is whether policymakers approve the welfare top-up and how the final minimum pension is set under the combined scenarios.