Premium discount conditions for EYT members have been determined

The details of the social security support premium were expected to be clarified for EYT employees who continue to work at the same workplace after retirement, after the regulation on the age of retirement (EYT) was approved and enacted. ), which millions of employees expect. Parliament on condition of premium day and insurance period.

Social Security Support Premium (SGDP) is deducted for those who start working again as 4A (SSK) after retirement. SGDP, which is 32 percent of gross wages, consists of 7.5 worker participation points and 24.5 employer participation points.

According to the law, when the necessary conditions are met, the employer’s participation in the SPIB is reduced by 5 points.

Although it was indicated that some conditions must be met for the application of the discount, the Social Security Institution shared the details of the 5-point premium support that will be applied to EYT affiliates who return to work after retirement.

CONDITIONS FOR THE APPLICATION OF THE PREMIUM

To benefit from the 5-point reduction in employer share in SGDP, certain conditions must be met for retiring employers who wish to work within the scope of EYT and who wish to maintain their skilled workforce.

The conditions to be met are the following:

*According to the law, in order to provide premium support, the retiree must return to the same workplace within 30 days.

*The worker with EYT must be fired with the code ’08-For retirement (old age) or wholesale payment’ and the workplace must give a declaration of insured employment with the insurance code ‘Social security support premium’.

*The notice of resignation of the worker must be given as of March 3, 2023, due to the request for pension, and must join the same workplace subject to social security support within 30 days of the date of cessation

*Workplace must be owned by a private sector employer.

*Premiums earned by the employer must be paid within the legal term.