Home Private Insurance Foreign Pension Transactions in Turkey!

Foreign Pension Transactions in Turkey!

1457
0

What are the conditions for being entitled to invalidity, old age and survivor’s pensions based on the credited periods completed abroad?
Conditions for being entitled to invalidity, old age and survivor’s pensions based on the credited periods are as follows:

  • Being a returnee, (the statement of returnee represents the termination of employment abroad of the claimant and not receiving any social insurance or social benefit based on residence. The statement of absolute is not used in cases of entering into country and not going abroad any more.)
  • Paying the amount equal to the corresponding minimum period/day enough for being entitled to pension over the realized debt,
  • Being entitled to pension under the applicable provisions of abrogated social security law/laws or the provisions of the Law No. 5510,
  • Making a written application to the Institution.

What am I required to do first in order to be entitled to invalidity, old age and survivor’s pensions based on the credited periods completed abroad?
After completion of the process of Foreign Service crediting these forms should be completed: Claim for Allocation and Document of Representations Warranties and Document of Representation Warranties for Claimants under Law No. 3201.
Claim for Allocation and Document of Representations Warranties shall be obtained from Social Security Provincial Directorates/Social Security Centers and also from the web page of Social Security Institution.

I have completed the Claim for Allocation and Document of Representations Warranties and Document of Representation Warranties for Claimants under Law No. 3201. What am I supposed to do now?
The condition of making the pension applications in person has been cancelled. The necessary documents can either be submitted directly to the relevant Social Security Provincial Directorate/Social Security Centre or can be mailed from either upcountry or abroad, after being duly completed and signed.
Submission of an updated service document is required only for those who apply from abroad.
Service documents issued within one month before the date of application are accepted as up to date.
For the returnees, it is not compulsory for the service document to be up to date.

Is it compulsory to be a Turkish citizen on the date of application or receiving of the pension?
It is not compulsory to be a Turkish citizen on the date of application or receiving of the pension according to the Law No. 3201 after 08/05/2008.

I have been entitled to a pension based on the crediting of the periods completed abroad. Am I obliged to make any notification before going abroad?
People, who are entitled to invalidity, old age and survivor’s pension based on the crediting of the periods completed abroad and stayed abroad for more than six months, have to submit to the Institution the Survey Document for Pensioners under the Law No. 3201 together with the other documents indicating whether the person is employed abroad and is receiving a social insurance or social benefit based on residence, within three months from the completion of the mentioned six month’s period.

Suspension of the Pension and Succeeding Transactions
If the person fails to submit the Survey Document for Pensioners under the Law No. 3201 within the specified period, his/her pension shall be suspended without any notification until the submission of the said document.
Pensions of those who are entitled to a pension under the Law No. 3201 based on crediting of the periods completed abroad shall be terminated as from the commencement date, in case it is determined that their employment abroad has not ended as of the commencement date of the pension, because of violating the condition of leaving the job abroad for being entitled to a pension.

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Previous articleSouth Korea Tech Giants Samsung Post Record Earnings!
Next articleVakıfBank exchanged Basel II compliant notes amounting USD 22 million

LEAVE A REPLY

Please enter your comment!
Please enter your name here