When will EYT launch, will there be an age limit?

President Erdogan was expected to make a statement after the cabinet meeting on the EYT age requirement, which has been on the agenda for a while, but the expected statement did not come. Erdogan simply said: “We will soon complete the preparation to meet the expectations of our employees regarding retirement.” Erdogan’s failure to make a statement on this issue sparked reactions from millions of citizens who fell victim to EYT.

WILL THE EYT AGE LIMIT REACH?

As those old enough to retire (EYT) await a final statement, Erdoğan said: “We are completing preparations to meet our employees’ retirement expectations soon. Hopefully our wish is to remove this issue from the agenda before the New Year,” he said.

The fact that Erdogan did not include a clear statement on EYT in his speech provoked reactions on social media.

Vedat Bilgin, Minister of Labor and Social Security, answered questions from members of the press about the EYT arrangement after the Cabinet Meeting held at the Presidential Complex.

Bilgin stated that the deal will be announced within this week. On the question about the age requirement, “It will be announced that day.” he said she.

On the other hand, Minister Bilgin will make a statement on EYT on Wednesday.

ALLEGED AFTER THE ELECTIONS

Bilgin said: “What do you say about the accusations that were left after the elections?” To the question, “There is no such thing. It will be announced this week.” he gave the answer.

WHEN WILL EYT COME TO PARLIAMENT?

Minister Bilgin, “Is the schedule clear?” “We took it off our table before we got to the quarry. In other words, it will go to Parliament next week.” he answered her.

bilgin said:

* “The next work is a work whose technical studies have not been completed. The most frequently asked question is: ‘My number of premium days is so short, can I borrow it? If you didn’t get a job before September 8, 1999, you won’t be in debt no matter how much you owe. The rights in our current law will continue. Another issue is the situation of those who work abroad. There are extraordinary requests to our institutions abroad, queues have formed. There is a similar confusion out there. They also queue up saying, ‘Let’s complete our bonus days, let’s retire.’ The same applies to them. EYT obliges to start working before September 8, 1999. Wherever you are in the world.”

“AVERAGE AGE OF EYT FOLLOWERS 49.9”

Bilgin said, “There is no age limit, you still have a chance to say it, right? When asked, he replied, ‘This is a political decision, our government will make this decision, we will address this issue together with our president…’ .

Regarding the latest situation in the EYT study, Bilgin said: “We are trying to determine the image exactly. When the services are combined, how many people are there, at what age, where does the age range come from… We know from the data we have at the moment that the average age of those who are stuck at retirement age is 49.9 years. We are trying to finish the job this week. I know I moved a large audience. There are many applications. We will consolidate the applicants’ files. I suppose we will take it to Parliament at the end of this month. If we can finish it this month, if we can’t, it will be in January. I will present the latest situation to our president on December 26.”

Asked for his opinion on when the regulation will take effect and when the first monthly salaries will be paid, Bilgin said: “This depends on the will of the Assembly. When we present it to Parliament no later than January, it will be completed according to the decision process of the Assembly.” he said he.

When asked about allegations that EYT was in trouble with Treasury and Finance Minister Nureddin Nebati regarding costing, Bilgin said:

* “The veracity of these news is null. From here I want to thank Mr. Nureddin Nebati, our esteemed minister friend. Although he saw how far the cost increase could go, he acted very selflessly to solve this problem despite the inflation and all the heavy burden of the economy. He also took the lead in terms of severance pay.”

“Will EYT members retire according to the conditions on September 8, 1999?” Bilgin said: “We never interfered there. They will be withdrawn according to the conditions of that day. Premium days and service periods do not change. Bilgin stated that people in partial retirement are not within the scope of EYT, and there will be no change to their conditions.

“THE SERVICE BENEFITS WILL BE PAID DIRECTLY TO THE EMPLOYEE’S ACCOUNT”

Reminding that EYT members will receive credit support on suitable terms for severance pay, Bilgin said, “This compensation will be directly deposited into the employee’s account.” he said she.

When asked if there will be a change to the monthly membership fees for EYT members, Bilgin replied: “We do not plan to make any changes to these fees.”

Regarding the budget to be allocated to the EYT regulation, Bilgin said: “Turkey is one of the countries with the best budget balances in Europe. The increase in Turkey’s budget revenues exceeded expectations. This is all account based. They say that ‘they are practicing electoral economics’. We do not apply electoral economics, we apply realistic economics. We do all of this by considering budget balances. We have an approach that does not make populism, it is realistic, it will not put our citizens in an inflation spiral and it will keep them with a balanced policy”.

To the question about calculating the cost of EYT, “A thousandth of the national income or a few points above. The calculations we make here, the increase in the pay gap for civil servants and retirees in the coming period, and future EYT-related financial charges will emerge as practices that take into account the balance of our budget revenues. Don’t worry about him.”

Asked if additional payments will be made to the employees of the Social Security Institution who worked hard in this process, Bilgin replied: “We are considering rewarding your hard work.”

Bilgin said they will submit the regulation on the hiring of public contractors, whose number is around 500,000, to Parliament next week, before recess.

Stating that they don’t have any work on contract workers at the moment, Bilgin stated that the file in front of them is about temporary jobs.

Bilgin, on the subject of 3600 additional indicators, “There are new demands. We will evaluate them. We are in no rush to deal with it. As long as it is completed, when the Assembly deems it appropriate… We are carrying out technical studies, it is a political decision. The process is working.” he used the phrases. AA

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.

An unnamed official said that while the retirement age issue, which is a critical election promise in elections scheduled for next year, is expected to affect 1.5 million people in his initial plans, Erdogan is currently considering including far fewer. staff.

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.

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. No problem with insurance holders. 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?

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.