Voluntary insurance premium amounts changed for 2024 alongside the new minimum wage figures. The lowest voluntary insurance premium for 2024 is 6,400.80 TL.
What Is Voluntary Insurance?
Voluntary insurance is designed for citizens who do not work at any workplace or who are insured under 4A but work less than 30 days a month and want to earn insured days by paying their own premiums. For detailed information about what voluntary insurance is, you can read our article on the subject.
How Do You Enroll in Voluntary Insurance?
To enroll in voluntary insurance, applicants must meet the conditions defined by law. Eligible individuals can apply via e-Devlet or in person at their local SGK office with an “Voluntary Insurance Entry Declaration”.
The Social Security Institution (SGK) uses the following time frames to determine the insurance start date:
- For applications sent by mail or delivered in person, the start date is the date the application or declaration is recorded in the institution’s document registry.
- For registered, return-receipt, or PTT-mediated submissions, the start date is the date the document was handed over to the post or courier service.
How Much Is the Voluntary Insurance Premium in 2024?
Voluntary insurance premiums were updated in 2024 following the minimum wage increase. The lower limit for voluntary insurance premiums is set at 32% of the gross minimum wage, while the upper limit is capped at 7.5 times the gross minimum wage.
The voluntary insurance branches and monthly premium amounts for 01.01.2024–31.12.2024 are listed below:
| Additional 5 agricultural insurance premium | ₺6.900,86 |
| Voluntary Bağ-Kur premium | ₺6.400,80 |
| Housewife Bağ-Kur premium | ₺6.400,80 |
4/A Voluntary Insurance Premium 2024
The 4/A voluntary insurance premium for 2024 is calculated taking into account days not worked. The 4A voluntary insurance premium covers the days within a month for which people who worked fewer than 30 days pay contributions. To determine the voluntary insurance fee, first calculate how many days you worked in the month. The 4A premium amount for 2024 is calculated based on the earnings subject to premiums, and the 4A voluntary insurance application is made using that declared earnings amount.
Paying premiums manually in 2024 is also relevant for those affected by the retirement age regulation (EYT). Those seeking retirement through EYT will research how to pay voluntary insurance premiums. Contributions for voluntary insurance can be paid following an application to SGK.
Missing days can be completed by paying insurance premiums externally, helping to meet retirement eligibility sooner. A voluntary insurance calculation identifies the number of missing days, allowing an insured person to contribute externally to satisfy old-age pension conditions.
The question what is 4A voluntary insurance concerns those who want to pay their contributions under 4A. Those who pay premiums externally and cover all days they are missing obtain the same rights as 4B insured persons. The 4A voluntary insurance premium for 2024 applies when only missing days are being completed. By paying externally, one can benefit from the rights available to both 4B and 4A categories.
It is possible to reach the cheapest voluntary insurance premium by paying for the minimum number of missing days. If your budget is limited, you can use external SGK payments to cover only part of the missing days. The lowest voluntary insurance premium in 2024 is calculated based on the number of days you choose to cover. Voluntary insurance prices increase each year.
4/B Voluntary Insurance Premium 2024
The question how much is the 4B voluntary insurance premium can be answered using the minimum amount. If the voluntary Bağ-Kur premium is paid at the minimum base, the amount required is 6,400.80 TL. It is also possible to pay a higher amount when paying manually. Housewives can enter voluntary insurance by paying the housewife insurance premium, and others who are not working for various reasons can use external SSK payments.
Those who say I want to pay my own insurance should pay attention to some details. Among the conditions for voluntary insurance is the requirement to pay premiums in full and on time. Failure to pay premiums on schedule can make it difficult to benefit from old-age, disability and survivor insurance.
If you cannot continue paying manually, you may be removed from the system. You can easily pay your premiums via internet or mobile banking. Another option for those wondering how to pay voluntary insurance premiums is to go to the SGK office and make the payment in person.
SGK voluntary insurance payments are made monthly. The monthly voluntary Bağ-Kur premium amount must be paid within 12 months.
Housewives Voluntary Insurance Premium 2024
To the question how much is the housewives voluntary insurance premium, the minimum answer is 6,400.80 TL. With the housewife voluntary insurance premium, beneficiaries can access rights such as retirement and survivor benefits.
What Should You Pay Attention to When Paying Voluntary Insurance Premiums?
When paying voluntary insurance premiums, it is important to pay them fully and on time. If a debt is not paid within 12 months from the month it is due, the opportunity to make that payment is lost. For months where the premium debt is not paid, the insured person cannot benefit from the rights and services provided.
How Is Voluntary Insurance Premium Calculated?
To perform a voluntary insurance premium calculation, you must know how much income you declared to SGK. During the 2024 voluntary insurance premium calculation, the declared earnings must remain between the lower and upper limits subject to contributions. If you pay at the upper limit, the worker-related insurance premium calculation can exceed 20,000 TL. For those paying at the lower limit, the amount is set at 6,400.80 TL. It is not possible to pay less than this minimum for worker-related insurance in 2024.
What Are the Conditions for Voluntary Insurance?
Conditions for voluntary insurance are defined by law and specify who can be covered under this scheme.
According to the law, applicants who want to take out voluntary insurance must meet the following requirements:
- Be at least 18 years old,
- Reside in Turkey (workers sent abroad by Turkish companies under international social security agreements are exempt from this rule),
- Not work in occupations that are legally required to be insured under Law No. 5510,
- If employed under the 4A insurance branch, not work full-time or work fewer than 30 days in a month,
- Not receive a pension due to prior insurance,
- Submit a voluntary insurance application to the Institution.
How Many Years Is Voluntary Insurance Paid?
When calculating the period of voluntary insurance, the time at which individuals will be eligible for retirement is decisive. To retire by age limit, new insured persons must pay between 5,400 and 9,000 days of contributions under voluntary insurance to be eligible. This range corresponds to roughly 15 to 25 years of contributions in order to qualify for retirement.
After How Many Unpaid Months Is Voluntary Insurance Cancelled?
If voluntary insurance premiums are not paid, the debt can be settled with legal interest. SGK sets a time limit for unpaid contributions. By law, the insured must pay the premium for the relevant month within 12 months to SGK. If the debt is not paid within 12 months, it is no longer possible to make that payment for the month in question.
How Is Voluntary Insurance Cancelled?
There are three conditions under which voluntary insurance can be cancelled. The circumstances that lead to cancellation are:
- The voluntary insured person requests termination of their current insurance with SGK,
- The insured person passes away,
- The insured begins receiving a pension by exercising voluntary retirement rights.
Who Can Be a Voluntary Insured Person?
Those who can become voluntary insured are people who are not working. For more details on who can be covered, consult our related article.
How Is Voluntary Insurance Done?
To obtain voluntary insurance, you must apply to SGK. For step-by-step guidance on how to enroll, see our explanatory article.
Is there a lump-sum payment option for voluntary retirement?
There is no lump-sum payment option for voluntary retirement.
Can voluntary insurance be paid in advance?
Voluntary insurance cannot be paid in advance.
Can voluntary insurance premiums be refunded?
Those who cannot meet the retirement requirements may apply to SGK to request a refund of the premiums they have paid.
What is the maximum number of days voluntary insurance can be paid for?
Voluntary insurance can be paid for a maximum of 30 days per month.