© 2016 ISEC Press.Prediction of long term settlement of soft soils below civil engineering structures is an important issue in geotechnical engineering. The data from laboratory consolidation tests are used to estimate the ultimate settlement and problems arise in predicting settlement-time behavior in the field. In order to overcome this difficulty some empirical models or adjustments have been proposed based on field settlement measurements, even if they are available at least for the early stages of loading. In this study, laboratory test results and field settlement measurements obtained for the long term settlement of clayey layers underlying the Alibey Dam in Istanbul, Turkey are used in conjunction with a model proposed by Edil and Mochtar (1984) for peat-like soils. The soil parameters of the proposed model have independently been obtained using both laboratory test data and field measurements, and model predictions are compared with actual recorded settlements. It is observed that the field measurements could be predicted more closely if the model parameters are obtained from field measurements, but predictions based on laboratory consolidation and creep test results also provide satisfactory results following the initial stages of loading.