The President made the first statements regarding the retirement age victims at the press conference on December 28, 2022.

The related announcement can be summarized as below:

• The individuals whose first social security registration date is before September 8, 1999 and who have completed the number of premium payment days will benefit from this regulation.
• There will be no age limit.
• All institutions (SSK, Bağ-Kur and Retirement Fund) will be included in this regulation.
• Social security premium incentives will be announced for the individuals who will continue to work by paying social security support premiums after retirement.
• A credit package supported by the Credit Guarantee Fund will be put into use for employers to support them for the severance payments which will be made to the employees who leave due to retirement.

a. Minimum Wage

In the press release dated December 22, 2022, the Ministry of Labor, along with the Minimum Wage Determination Committee has announced the minimum wage to be effective for the year of 2023, as shown in the table below.

The Bilateral Social Security Administrative Agreement between Türkiye and Iran has been approved by the decision published on the Official Gazette dated December 15, 2022 and numbered 32044.

The scope of the Administrative Agreement is as below:

• Sickness and maternity allowances.
• Old age, disability and death pensions.
• Funeral allowance.
• Occupational diseases.

With the Circular dated November 23, 2022 and numbered 2022/20, published by the Social Security Institution, it was decided to exclude 23,65 percent of the daily gross minimum wage from the SSI premium earnings, for all kinds of payments made to the employees or to third parties for the insured.

Between the dates December 1 2022 and December 31, 2022, the amount of meal allowance to be exempted from the SSI premium earnings of the employees will be applied as 215.70 TRY x 23.65% = 51.01 TRY (Daily).