Tourwix News 28.11.2022   312

Is there an EYT age limit? Is the insurance entry in the EYT valid before the age of 18?

Those stuck in retirement continues to maintain its hotspot on the agenda. After the new EYT law, which will be submitted to Parliament, details such as age and premium will be clarified. In addition, even one employee who turned 18 on September 8, 1999 is included in the EYT throughout that time.

Is there an EYT age limit?

According to the upcoming EYT law, there is no age limit. Under the EYT Act, effective from 2023, a worker who turns 18 on September 8, 1999 will retire at 42 for having completed her service and insurance periods. Men who started work at the same time are entitled to a pension at the age of 43.

According to the new bill; the door to borrowing is kept open and EYT members can retire if they meet all the conditions. Male employees who have completed 25 years of service may retire in March 2023.

In the new law of the EYT; In addition to the premium requirement, the age requirement of 20 years for women and 25 for men is definitely not required. By law you must be 18 on September 8, 1999, which is assumed.

Will the insurance be valid for under 18s in the EYT?

The pension effect of an insured worker under the age of 18 covers the period between April 1981 and before September 1999. Within these dates, Article 81 of the Social Security Act comes into force for the insured.

In this context; Insured employees, regardless of whether they were before or after the age of 18. However, the rule that the insurance period begins when this age is reached does not apply to SSK employees who started as insured before April 1, 1981.

Entry into insurance before the age of 18 is only taken into account when determining the pension requirements. A person who started working as an SSK member in January 1999, although not yet 18 years old, can benefit from the EYT because of having joined before September 1999.