Turkey : The retirement promotion rate will be determined in February

With the protocol signed between the Social Security Institution (SGK) and the banks on March 1, 2017, it has been 3 years behind in the promotion application for pensioners, which was launched for the first time in bulk.

For this period, the contract period of many retirees will expire as of February for the promotion of the bank, which is applied to 300 thousand pounds per month, 375 to monthly fields between thousand and 2 thousand pounds, and 450 pounds to monthly areas over 2 thousand pounds. Social Security Institution (SGK), the Association of Banks of Turkey to sit at the table in February.

He goes to the retired bank for the promotion and signs a promotional contract valid for 3 years. As a second promotion to the retirement, new payments will be made as of March 1, 2020.

Promotion payments to pensioners stirred up competition between banks. Some banks offer retirees who promise to receive their pension for three years, with an opportunity to earn up to 250 TL in cash. (IHA)