Categories: Economy

The age requirement for EYT came to light

Will there be an EYT age limit, what is the latest situation?

While there is no age requirement with EYT, you do need to meet the insurance period and premium day conditions other than the required retirement age.

WILL THE EYT AGE REQUIREMENT REACH?

Vedat Bilgin, Minister of Labor and Social Security, announced that there will be no age limit in his previous statements, and that those who have completed the insurance period of 20 years for women and 25 years for men and who have completed 5,000 days of premium will benefit from regulation.

Although it is not yet certain, there has been some recent talk that an age requirement may be sought for the EYT. The decision is expected to be made after a new meeting.

Consequently, the age limit of 48 years for women and 50 for men came to the fore. It is claimed that due to the retirement of two million EYT people, an age requirement will be introduced to reduce the burden on the budget.

Although the age limit of 48 for women and 50 for men was on the EYT agenda, Minister Bilgin stated in his statement that he would clarify the issue in the budget negotiations, but did not touch on the issue.

WHEN DO PEOPLE IN OLD AGE PENSION (EYT)?

Minister Bilgin said that the EYT issue is one of the most popular interests of the public, but there are several reasons why it has dragged on to this day. Minister Bilgin, who never mentioned the rumors that the EYT will be issued on the condition of age, introducing an age limit of 48 years for women and 50 for men, used the following statements;

* EYT issue is one of the most important issues. The reason it’s dragging on is because we’re listening to everyone. Now we hear the rooms. This also worries employers. They say they also have a financial burden. In addition, they state that they will be paid and qualified personnel.

*There are also those who say to postpone the age limit, postpone this, postpone this. As is known, this regulation covers employees before September 8, 1999. However, there are also those whose insurance period is not transferred to digital. We are trying to fix this too. I hope to keep my word and this will not hang in January and will come to Parliament this month. We will make the most complete arrangement.

*You know, there are 3 basic criteria here. I said this in committee today as well. If there was no age requirement today, I explained how many people could retire compared to June, it’s close to 1,600,000.

“WE NEED TO DO A REALISTIC JOB”

*Today this number is slightly higher. In January this will go up a bit more. Therefore, we need to take all the data and do a realistic study. After revealing all the charge that will be reflected in the private sector and the public, I will share it with the entire public.

*Here I would like to express clearly; Workers in Turkey will know the minimum wage in the coming days. We will support our workers here. Nobody should worry about that.

When EYT comes to the fore, it will have the same inclusiveness.

THE FOREIGN PRESS PUBLISHED THE EYT PLAN

Speaking to the US media, Turkish officials reported that a new formula has emerged for those who have become an important part of the agenda in Turkey.

Speaking to Bloomberg, one of the leading media organizations in the US, Turkish officials said that President Erdogan is preparing for further moves regarding EYT.

In the news, which was shared with the headline “Erdogan may remove critical election promise to minimize budget spending,” the statement was used: “President Erdogan said senior Turkish officials may reduce early retirement plans for state officials.” and private sector employees due to pressure on the budget.

In the elections scheduled for next year, the issue of the elderly retirees, which is a critical electoral promise, While it was expected to affect 1.5 million people in its initial plans, an official who did not disclose his name said Erdogan is currently considering including far fewer employees.

The officials also claimed that Erdogan could make a cabinet decision to be made on Monday, while noting that with this move, Erdogan could also strengthen his voter base.

WHAT WILL BE THE NEW PLAN AT EYT?

In Bloomberg news, “The Turkish government is currently considering a plan to cover 60 percent of those who qualify for EYT. While it was claimed that the cost of the original plan could reach TL 250 billion, this figure was claimed to be 3 times the spending of the social security system of approximately 14 million retirees in the country throughout this year until october.

The officials noted that along with the alternative plan, early retirement will cover older workers.

DATE GIVEN FOR EYT

AKP Group Vice President Muhammed Emin Akbaşoğlu made remarks on the retirement age (EYT) at the press conference he held in Parliament.

Akbaşoğlu said, “We are planning to make arrangements regarding the recruitment of EYT and contract staff in December. In the worst case, we will witness its enactment in early 2023,” he said.

WHO IS COVERED BY EYT?

Asked if internship and apprenticeship insurance is considered a start for EYT, Bilgin said: “They are different. They are not within the scope of EYT anyway. There is no problem with those who have insurance. Apprenticeships and internships are not an insurance entry. They are a system developed to protect health insurance.” she gave the answer.

Noting that a regulation on EYT will be issued, Bilgin stated that they will share the details of this regulation with the public after necessary calculations.

WHAT IS EYT, IS THERE AN AGE REQUIREMENT?

EYT (retirement age) is considered to be those who start their insurance before September 9, 1999. Because before September 9, 1999, it was possible to retire giving the conditions of premium day and insurance period without seeking the age requirement, but with the modification of September 8, 1999, in addition to the premium, an age requirement, day conditions and period of insurance was introduced.

To be considered a member of the EYT, the start of the insurance must be prior to September 9, 1999, and it is necessary to meet the conditions of the insurance period and days of premium other than the age required for retirement.

Source: Sozcu

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