Important Increase Announced in Social Security Contribution Rates

The new legislative proposal submitted to the Grand National Assembly of Turkey (TBMM) foresees significant changes in the Tax Laws and the Social Insurances and General Health Insurance Law. These regulations aim to restructure the insurance system by increasing the premium rates related to disability, old age, and death insurances.

According to the details of the legislative proposal, changes will be made in various areas, primarily concerning voluntary insurance premiums and payments. This regulation will also cover the insurability of those working in agriculture and forestry with contractual employment, as well as part-time workers and those working in household services, including residential caretaking.

Within the framework of these changes, the increase in premium rates will directly affect many citizens, regardless of the sector they work in. These changes are particularly important for the continuity of rights and services provided through the social insurance system. The rising premium rates also support financial sustainability to meet future demands for disability and retirement benefits.

How the new regulations will be perceived by the public and how citizens will adapt to these changes are matters of interest. It is anticipated that such modifications, aimed at ensuring the healthy operation of the insurance system, will produce positive effects both individually and collectively.