A remarkable warning has come to the retirement planning of public employees. SSI expert Özgür Erdursun stated that some civil servants may experience serious losses in their pensions due to calculation differences in the current system. Drawing attention to the large differences that may occur between people working at the same salary level, Erdursun stated that certain professional groups may face this risk more.
The social security regulation that came into force for civil servants after 2008 led to significant differences in retirement calculations. SSI expert Özgür Erdursun stated that civil servants who took office after October 1, 2008 face the risk of receiving lower pensions than former civil servants, even if they are at the same duty and salary level.
‘SAME SALARY, DIFFERENT RETIREMENT’ SYSTEM
Erdursun stated that civil servants who started working before September 30, 2008 were considered as “former civil servants” within the scope of the Retirement Fund Law No. 5434, while those who started after October 1, 2008 were subject to the Social Insurance and General Health Insurance Law No. 5510.
Stating that in the old system, pensions were calculated according to factors such as grade, level, additional indicator and position compensation, Erdursun noted that in the new system, the calculation was largely made on premium-based earnings.
