New EYT Members Disappointment: Salary Increases to Stay at 17-18 Percent
The fact that the pensions deposited or to be deposited in the accounts of retirees and of retirement age (EYT) were below the official figures, generated confusion.
It was announced that the lowest pension was increased from 3,500 TL to 5,500 TL, and this regulation was also published in the Official Gazette last week. It should be noted that some retirees, who began receiving the January increase from January 17, invested less than 5,500 lira, 3,600 TL or 4,000 TL.
EYT members, on the other hand, are confused about the salary increase they will receive after the Social Security Institution (SGK) pension calculation application is updated and reopened.
When calculating how much they can receive monthly from this display, EYT members reacted to the display of less than 30 per cent increase.
A 30 PERCENT RAISE HAS BEEN GIVEN TO EVERYONE, BUT…
According to the information we received from social security experts, the fact that inflation in 2022 was lower than expected caused a decrease in the number of coefficients that are taken into account when calculating pensions, which caused the rate of increase felt by EYT affiliates was maintained at 17-18 percent.
Transitory article 92 was added to law No. 5510 with last week’s stock market law; It was announced that there would be a 30 percent increase in income and pensions paid before the start of 2023 and disability, old age and death pensions to be paid in 2023.
In other words, it is not correct to say that “a 30 percent increase for EYT members has not been realized.” Done. However, this is where a glitch comes into play:
When calculating the salary, formulas such as floor number, monthly bail rate, indicator number are used.
The coefficient that is taken into account for the calculation of pensions is calculated based on a formula that adds the consumer inflation rate and the country’s growth figures.
Turkey closed 2022 with an inflation of 64.27 percent. However, the year-end inflation target of the Central Bank (CBRT) for 2022 was 66.80 percent.
Following the announced inflation for 2022, the coefficient also decreased, affecting the rate of increase that EYT members would receive.
Had the pension increase not been increased to 30 per cent, the loss of EYT members would have been greater.
IT IS NORMAL THAT THE KITCHEN DOES NOT WORK WITH THE CALCULATION MADE IN THE INTERVAL
This situation is summarized in another way as follows:
The SSI pension calculation program calculates monthly based on the calculation date.
Consequently, for someone who has not retired, the account from a month ago is invalid. Because while the January-July 2022 hike was factored into the calculation a month ago, the 2022 inflation rate and the 30 percent growth rate when it was announced are factored into the calculation. current monthly.
For this reason, the pension calculated in the previous month is not actually a vested right of a person.
The vast majority will receive 5,500 TL
Another problem that awaits EYT members is that most of them will have the lowest pension of TL 5,500.
It is claimed that in Turkey 60 percent of the minimum wage is paid and therefore EYT members who have been waiting to retire for years will be sentenced to the lowest pension this time.
Therefore, according to social security experts, the vast majority of EYT holders will receive the lower pension.
WHAT WILL HAPPEN TO THOSE WHO RECEIVE A SALARY BELOW 5,500 TL DESPITE THE TIME?
In addition to EYT members, it is stated that the monthly salary of 3,600-4,000 TL, which is deposited as January salary in the accounts of those who are already retired, will be supplemented to 5,500 TL in the following period. , and the difference will be closed.
Experts point out that this situation is due to the lack of implementation of the law.
WHY DOES THE EYT REGULATION KEEP COMING TO THE ASSEMBLY?
On the other hand, although the details of the EYT regulation were released at the end of December, the regulation has not yet reached Parliament. As for when it will arrive, the announced date is constantly changing.
The statements, which were first given in the form of late January and then in mid-February, were finally left for March.
There is no clear information about the reason for the delay.
Regarding the date of the regulation, which was previously indicated to be on the Parliament’s agenda by the end of January, AKP Group Vice President Bülent Turan said: “EYT will be in Parliament by the end of January at the latest, It will become law in mid-February.”
Making a statement two days ago, AKP Group Vice President Akbaşoğlu said that the EYT regulation could be submitted to Parliament next week.
A new statement on the subject came yesterday from the Minister of Labor and Social Security, Vedat Bilgin. Bilgin, on when the regulation on EYT members will reach Parliament, said: “It is in the will of Parliament. The ball came out to us ”and he continued:
“Our friends and deputies from our group are discussing and examining the issue. They will evaluate it and send it to the commission. I think it will be finished in March.”
However, according to the information we have obtained, the participants of the EYT meeting in the Planning and Budget Committee do not have clear information as to why the topic has been prolonged. What is remarkable is that they stated that there is no progress regarding EYT in the Assembly.
WHEN WILL EYT PEOPLE RECEIVE THEIR FIRST SALARY?
So when will EYT members receive their first salary?
AKP Group Vice President Akbaşoğlu said in a statement he made two days ago: “EYT members will receive their salaries in March.”
HOW IS THE PENSION CALCULATED?
You can access the SGK pension calculation application at https://uyg.sgk.gov.tr/AylikHesap/.
Once the information is filled in here, the calculation steps are followed and the approximate monthly payment can be obtained.