Supplementary Pension System Was Not Included in the Medium-Term Program

Serdar HocamAuthor & Editor

The absence of the Supplementary Pension System in the new Medium-Term Program has raised questions among the public regarding the status of the system.

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OVP’de TES’e yer verilmedi

The exclusion of the Supplementary Pension System from the Medium-Term Program covering the years 2027-2029 has brought up questions about whether the system has been shelved.

Medium-Term Program Developments

The Supplementary Pension System was not included in the new Medium-Term Program text covering the period between 2027 and 2029. This situation has led to various evaluations in economic circles and among employees regarding the future of the system.

Statements from the Management Wing

Vice President Cevdet Yılmaz had previously stated in his evaluations that there was no yet-matured work on the Supplementary Pension System. Yılmaz expressed that they do not look favorably upon steps that would increase the financial burden on businesses.

Approaches of the Parties

Labor unions and employer organizations are keeping their distance from the system, which came to the agenda together with the severance pay fund. While the labor segment is concerned about the restriction of their severance pay rights, employers oppose additional premium obligations.