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03March2021

Cancellation of Retrospective Benefit in Employment Incentives

Cancellation of Retrospective Benefit in Employment Incentives

According to the recent amendments on the Law, the opportunity to benefit retrospectively from premium incentives, supports, and discounts that were not utilized on time is eliminated.

The draft statement is as below:

ARTICLE 27 - The first paragraph of the additional article 17 of the Law No.5510 has been changed as below.

"The premium incentives, supports and discounts provided by this Law or other laws for the months / periods that were not utilized cannot be utilized retrospectively, and the premium incentives, supports and discounts that were used cannot be changed with another premium incentive, support and discount."

Based on this, employers can check whether they utilized their incentives in the previous periods, and take the necessary actions immediately to benefit from them.

Should you have any queries or need further details, please contact us.

Written by Erdoğdu Onur Erol, Posted in Social Security Law and Legislation

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