Step by step, the regulation of those who are stuck in retirement is approaching the end. Negotiations on the Social Insurance and General Health Insurance Law, which includes the regulations regarding the retirement age (EYT), and the Law Proposal on the Amendment of the Decree in the Law No.
Bülent Turan, Deputy Chairman of the AK Party Cluster on the subject, said, “We are planning to bring the EYT regulation to the General Assembly of the Turkish Grand National Assembly on Tuesday.”
Providing information to the Commission, Social Security Institution (SGK) Leader Kürşad Arat stated that the average age of the last retirees in Turkey is 54, and the average age of the cluster defined as EYT is 48.5.
There are 13.9 million retirees
Indicating that there is an increase in the number of retirees with the aging of the population, Arat noted that the number of people receiving pensions from the SGK, which was 6.5 million in the early 2000s, has reached 13.9 million individuals with its prestige today.
Arat explained that the ratio of active/passive insured is around 2.
Referring to the impact of the EYT regulation on the financial structure of the SGK, Arat said, “Today, the prestige of the SGK, with its prestige, the revenues cover the expenses, is 96.2 percent. Since this rate is not 100 percent, there is a SGK deficit inevitably. This deficit is at the lowest level in history, at the level of 0,30 percent. ” he said.
Kürşad Arat stated that in order to be covered by EYT, it is necessary to meet the conditions of starting the insurance on September 8, 1999 and before, having completed the insurance period with the premium day, not meeting the age rule that came in 1999, and said, “2 million 250 thousand people meet these conditions. We saw those who were EYT members and calculated the cost calculations and the number of people accordingly,” he said.
They will also receive a holiday bonus.
Explaining the elements of the cost of EYT, Arat said:
“The pension, that is, the salary we will pay after retirement, is a cost element. Secondly, the loss of premium, that is, if all of these individuals retire and do not work at all, the SSI will have a loss of insurance premium due to this, which is our cost. Three, the holiday bonus; after this became law. Then they are entitled to receive both holiday bonuses.Four, 4/A’s, the element of cost when we think about it for SSK members is: There are public workers here. Public employees have both their salaries and severance pay. There is a salary savings, besides, there is a salary burden for those who will replace those who retire. We see the consolidated effect of this, the public worker budget effect as 9.5 billion.
When we look at how many of those who meet these rules, which we define as EYT, are working, 87 percent of them are working, so they will probably continue to work after they retire. Technically, we do not expect any premium loss in these. We expect individuals to continue working after retirement, just as they are likely to work. We anticipate that the cost without premium loss for 4/A’s will be 194.4 billion, and in case of premium loss, the cost will be in the middle of 255 billion. However, the exact number is not possible because there may be people in this cluster who would not prefer to retire even though they deserve retirement.
Underlining that there will be no change in the pension rate, Arat said, “The minimum pension is 5 thousand 500 liras. In the current system, everyone can be paid differently depending on the number of premium payment days, years of service, insurance branch and profit, it varies on a person-to-person basis.”
Explaining how long the retirement process of EYT members will take and whether there are enough workers, Arat said, “We have been working on the technical infrastructure of this for a long time. We will take the requests and put them into the system as quickly as possible.”
