Will the pensions of expatriates be cut? New proposal in the Turkish Parliament

Citizens who retired from Turkey by utilizing international service credit but continue to work abroad are currently unable to receive their pensions due to existing regulations. A new legislative proposal has been submitted to the TBMM to change this situation.

LEGISLATIVE PROPOSAL ON THE TBMM AGENDA

According to the legislative proposal submitted by Independent Member of Parliament Mustafa Yeneroğlu, it is requested that the pensions of Turkish citizens living abroad not be cut if they continue to work after retiring in Turkey.

While citizens who retire and continue to work in Turkey can continue to receive their pensions, this right is not granted to retirees who continue to work abroad. Yeneroğlu's proposal aims to eliminate the grievances of "expatriates who are Turkish citizens, earn foreign currency, and invest in Turkey."

WHAT WILL CHANGE IF THE LAW IS PASSED?

If the legislative proposal is enacted, individuals who retired through international service credit will be able to receive their pensions from Turkey even while they continue to work under the legislation of a foreign country. This means the reopening of an additional income stream for thousands of expatriates.

WHAT IS REQUIRED TO RECEIVE A PENSION?

To benefit from this right:

Retirement conditions must be met,

The entire accrued debt must be paid,

A written application must be submitted after the debt is paid. Once these conditions are met, the retirement process can be initiated.

WHY IS THE PENSION CUT UNDER THE CURRENT SITUATION?

The Social Security Institution (SGK) cuts the pensions of those who retired through international service credit and continue to work in another country on the grounds of "double income." However, citizens in a similar situation within Turkey can continue to receive their pensions without interruption.

News Source: 12punto