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 Details of the Aged at Retirement (EYT) Regulation Have Been Announced


Those who have social insurance before 08 September 1999 are covered by EYT. Those who have started service after this date will not be able to benefit from the regulation. Among those who were employed before 08 September 1999, 5 thousand premium days and 20 years insurance period for women, 5 thousand premium days and 25 years insurance period for men are required. Those who meet the premium and insurance period conditions will be entitled to retirement regardless of age. Women whose premium days are not expired can borrow from maternity and men can borrow from military service. In this way, missing days can be completed. Those who have completed the premium condition but have not completed the insurance period will be entitled to retirement after 20 years for women and 25 years for men.


With the entry into force of the regulation, 2 million 250 thousand people will have the right to retirement in the first place. This number will increase every year with those who complete the premium and insurance period.
 
Those who have social insurance before 08 September 1999 are covered by EYT. Those who have started service after this date will not be able to benefit from the regulation. Among those who were employed before 08 September 1999, 5 thousand premium days and 20 years insurance period for women, 5 thousand premium days and 25 years insurance period for men are required. Those who meet the premium and insurance period conditions will be entitled to retirement regardless of age.
 
Women whose premium days are not expired can borrow from maternity and men can borrow from military service. In this way, missing days can be completed. Those who have completed the premium condition but have not completed the insurance period will be entitled to retirement after 20 years for women and 25 years for men.

It is expected to be discussed in January after the regulation is presented to the Parliament. The effective date of the law is expected to be January 1, 2023. Pensions will begin to be paid in the month following the month when the regulation became law.
 
Insurance premium incentives will be introduced for those who retire and will continue to work. Thus, there will be a decrease in premiums paid by companies for retirees. There will be no premium difference between the regular employee and the retired employee. Support will also be provided for the severance pay that retirees are entitled to. In this context, loans will be provided to employers with the support of the Credit Guarantee Fund. The Ministry of Treasury and Finance will launch a loan package supported by the Credit Guarantee Fund so that employers will not have difficulty in paying severance pay.
 
Source: https://www.dunya.com/ekonomi/eyt-duzenlemesinde-ayrintilari-belli-oldu-iste-mad- Madde-eyt-karari-haberi-679639