The regulation on retirement age (EYT), which is expected by millions of people in Turkey, was accepted with the yes votes of all parties in the General Assembly of the Grand National Assembly of Turkey at the beginning of March. As of March 3, 2023, within the scope of the regulation that came into force after being published in the Official Gazette, it has become certain that those who have completed the number of premium days and working hours can retire regardless of their age. The regulation, which is expected to benefit 2 million 250 thousand people, gave people whose insurance started before September 8, 1999 the right to retire regardless of age.
Accountkurdu.com Banking Business Development Manager Orhun Çağlar Atilla, who shared his evaluations on the subject, said, “The condition that the SGK beneficiaries who can benefit from the EYT regulation must have completed the premium payment within 5.000 to 5.975 days. People who are entitled to a pension but cannot be paid are turning to consumer loan solutions.”
EYT applications are made through e-Government
Citizens who want to benefit from the EYT regulation, the first salary payments of which started as of April, can start the application process by selecting the Old Age Pension option on the Income, Monthly Allowance Request Document page via the e-Government Gateway. Those who will request a monthly salary under SSK should tick 4A, and those within the scope of Bağkur should choose 4B. In the next steps, users can complete their transactions by selecting the bank and branch where they want to make the monthly payment. Retired candidates who want to benefit from EYT but cannot complete the premium day for reasons such as military service or birth can also reduce the remaining premium day by methods such as military service debt or maternity debt.
Premium debts need to be closed for retirement
According to the regulation, those who are entitled to receive a pension must first pay their accumulated premium debts. While it is known that the first pensions started to be paid as of April, citizens who want to benefit from EYT are also evaluating consumer loan offers to pay their premium debts.
Underlining that banks have created consumer loan packages to cover their EYT premium debts, Orhun Çağlar Atilla said, “As Hesapkurdu.com, we relieve those who want to take advantage of the EYT regulation from the burden of getting loan offers from different banks one by one. Users who enter the loan amount and the maturity they think through our consumer loan comparison page can access affordable EYT loan offers with affordable interest rates.
“We enable consumers to make smart financial decisions”
Expressing that many banks and insurance companies can access the most suitable offers with the possibilities of the internet and new technologies, Accountkurdu.com Banking Business Development Manager Orhun Çağlar Atilla concluded his evaluations with the following words: And one platform is enough to research and compare insurance products. EYT can receive offers from many institutions within seconds, not only for consumer loan requests, but also for housing, traffic, motor insurance, TCIP, complementary health and travel insurance. In this way, we enable consumers to make smart financial decisions.”