Due to the insufficient number of contributory days, those unable to retire are closely following the new steps to be taken regarding gradual retirement. CHP Karabük deputy, Cevdet Akay, submitted a law proposal to the Grand National Assembly of Turkey regarding gradual retirement. The law proposal includes reducing the number of contributory days for tradesmen and civil servants. The Minister of Labor and Social Security also made important evaluations for those expecting gradual retirement. So, will Gradual retirement be implemented, and what will the requirements be? Here is the latest statement on the subject…There has been ongoing speculation about whether there will be a new change in the retirement system for some time now. With the Age Barrier to Retirement (EYT) regulation in March 2023, approximately 2 million people retired. However, those who entered the insurance system after September 1999 could not benefit from this right. For EYT, men need to have a contributory period of 25 years and have paid 9,000 contributory days. For women, the contributory period is reduced to 20 years, with the requirement of 7,200 contributory days. The proposal for Some Amendments in Certain Laws including Economic Regulations is being discussed in the Assembly. With this development, gradual retirement has once again been brought up. Minister of Labor and Social Security, Işıkhan, put an end to the controversies. So, what are the requirements for Gradual retirement, and will it be implemented? Here is the latest update on Gradual retirement…A Law Proposal for Amending the Social Insurance and General Health Insurance Law and the Republic of Turkey Retirement Fund Law prepared by Plan Budget Commission Member and CHP Karabük Deputy Cevdet Akay has been presented to the Assembly. In his latest statement, Minister of Labor and Social Security Vedat Işıkhan put an end to the discussions on gradual retirement. While meeting with MPs at the AK Party Headquarters, the Minister stated that they do not plan for a new change in the retirement system. The Minister stated, “The criteria for the required contributions and years to retire will continue.” Speaking on a television program regarding the discussions on gradual retirement, Işıkhan emphasized that there is no question of any grievances. The Minister of Labor and Social Security stated, “I don’t think highlighting grievances is a healthy approach. Within this framework, we are working on how we can maintain the current actuarial balance, how we can pay our retirees their pensions regularly, and how we can sustain health services.”
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