Scalpel to BAĞ-KUR premium debts BAG-KUR members who have premium debt to the Social Security Institution (SGK) will be presented with two options with the bill on the agenda of the Turkish Grand National Assembly. BAG-KUR members will either pay their premium debts in advance or restructure them or their insurance period will be suspended. Suspended periods will not count towards their retirement.
A separate regulation will be made for the borrowers of BAĞ-KUR with the proposals regarding the structuring of debts added by the Plan Budget Commission to the employment package on the agenda of the General Assembly of the Parliament. The regulation aims to scalpel the accumulated BAĞ-KUR debts. A similar application was made for debts that have not been paid for at least five years in one of the previous regulations, and for debts that have not been paid for at least 12 months in another. The new regulation will cover everyone with premium debt as of October 31, 2020.
Accordingly, tradesmen and agriculture BAĞ-KUR members will be given a two-month period to pay their debts before 31 October 2020. This period will start from the date the new law is published in the Official Gazette. Those who cannot pay their debts in cash will be able to apply for restructuring under the new law.
The insurance periods of those who do not pay their premium debt or do not restructure the premium will be stopped. The periods in which they paid premiums before will be considered valid. For example, if a person who has been operating under BAĞ-KUR (4 / b) since January 1, 2000 has not paid insurance premiums since January 1, 2019, his insurance period will be suspended after January 1, 2019. These periods will be considered as not worked in the retirement account.
All insurance periods of those who have not paid any premiums despite being registered with BAĞ-KUR will be suspended.
If people whose insurance periods have been suspended still continue to work as tradesmen, their insurance will be resumed as of November 1, 2020.
WHEN THE MONEY GETS THEIR HANDS, THEY CAN BREAK THE TIME
If the insured himself or the right holders demand in case of his death, the entire insurance period will be revived by paying premiums. However, the premiums for all periods will have to be paid in order to be able to revive these periods. The premiums can be paid over the amount determined by the individuals themselves, between the minimum wage on the date of payment and 7.5 times this.
The Social Security Institution (SGK) will calculate and notify the premium amount to be paid after the revival application is made. If they pay the notified debt amount within three months, the suspended periods will be considered as insurance period again. It will be added to the working hours in the retirement account.
If the declared debt amount is not fully paid within three months, these periods will not be considered as insurance period. Paid amounts will be refunded without interest. Service periods earned by revocation will be valid as of the date the debt is paid.
General health insurance (GHI) provisions will not apply to those whose insurance is suspended and their dependents for periods suspended from January 1, 2012 until the effective date of the law.