With the Presidential Decision published in the Official Gazette dated December 29, 2022 and numbered 32058, the application period of the insurance premium incentive numbered 6111, which is included in the temporary article 10 of the Unemployment Insurance Law No. 4447 (In Turkish), is extended until December 31, 2023.

For each insurant employee to be recruited in order to apply the relevant incentive, it is essential that;

• The employee must not have been employed in another business in the last 6 months,
• Men must be older than 18 and younger than 29, and women must be older than 18 years of age,
• The employer must not have any outstanding premium debt and or administrative fines,
• If the employee worked for another employer in the past, such employer must not have benefited from the incentive number 6111 for that employee,
• The employee must have been employed in addition to the average number of persons in the 6-month term prior to his/her date of recruitment,
• An incentive check must be carried out on the SGK (SSI) system for the employees, and an approval must be given via the system if appropriate.
• In addition, incentive numbered 6111 can only be benefited for actual works.

With the Circular dated December 14, 2022 and numbered 2022/26 published by the Social Security Institution, the procedures and principles regarding the social security premium exemption for the electricity, natural gas and similar heating allowances have been announced.

According to the relevant Circular, to be able to benefit from this exemption, these allowances;

• Should be done for electricity, natural gas, and other heating
• Should be made from December 9, 2022 to June 30, 2023 (including this date),
• Should be made in addition to the current social security premium base,
• Should not exceed 1,000 TRY per month.

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.