Retirement is one of the most important stages in a person’s life. After working for a certain period and paying the required premiums, individuals become eligible for retirement and begin to receive a pension. To retire, one must be registered under a social insurance scheme. One of the insurance branches in our country is Bağ-Kur. Self-employed individuals covered by Bağ-Kur pay premiums and can qualify for retirement. One retirement option for Bağ-Kur members is retirement after 9,000 days of paid premiums. In this article we will examine this topic in detail.
Before discussing retirement based on 9,000 days under Bağ-Kur, let’s review what Bağ-Kur is and who falls under its coverage.
What is Bağ-Kur and who it covers
Bağ-Kur is the social security branch for self-employed individuals. People who work on their own account register with Bağ-Kur and pay their premiums to this institution. Bağ-Kur coverage is known in legislation as 4-b. Insured persons under Bağ-Kur pay their own premiums, which are calculated based on a base related to the minimum wage. In other words, they act as their own employer. Typical groups covered by Bağ-Kur include:
- Village and neighborhood heads (muhtars)
- Artisans and small traders
- Self-employed individuals.
With this overview of Bağ-Kur, we can now turn to Bağ-Kur retirement options and specifically retirement after 9,000 days of contributions.
How to qualify for retirement after 9,000 days under Bağ-Kur
When assessing eligibility for retirement, authorities first check whether the applicant meets certain conditions: the number of paid premium days, the insured period and the applicant’s age. Required retirement age can change depending on the number of premium days paid. Therefore, before applying for retirement, it is important to calculate precisely at what age and under which conditions one can retire.
As with other insurance branches, Bağ-Kur retirement requires meeting specific conditions. Once those conditions are met, individuals gain the right to retire and receive a pension.
To qualify for an old-age pension under Bağ-Kur, one of the requirements is completing 9,000 days of paid premiums. In addition to meeting the premium requirement, the age requirement is important. Retirement is not possible by fulfilling only the premium condition or only the age condition. Below we examine the different rules for men and women regarding Bağ-Kur retirement after 9,000 days.
Retirement after 9,000 days for men
Rules for retirement after 9,000 days differ between men and women. Men who have been Bağ-Kur insured for more than 23 years as of October 1, 1999, and who complete 9,000 premium days may be eligible to retire regardless of age. However, some Bağ-Kur members do not meet the specific conditions, and in those cases the retirement age is determined according to a timetable based on the remaining period to complete 25 years of premiums.
The table above helps clarify the conditions for retiring after 9,000 days. According to it, if the remaining time to reach 25 years of premiums is less than two years, individuals who complete their premiums can retire at 44. If the remaining time is more than two years but less than three years and six months, the retirement age is 45. If the remaining time is between three years six months and five years, the retirement age is 46; between five years and six years six months it is 47. If the insured period is more than 22 years away from the 25-year mark, once premiums are completed the retirement age can be 60.
By consulting the list above, men can see how the conditions for Bağ-Kur retirement after 9,000 days will evolve in the future.
Retirement after 9,000 days for women
Conditions for women are relatively more flexible. For women, completing 9,000 days is considered a standard route to retirement. The ages at which women can retire after completing 9,000 days vary depending on when the premium payments are completed:
Specifically, women who complete their 9,000 days between January 1, 2036 and December 31, 2037 may retire at age 59. If they complete the required days between January 1, 2038 and December 31, 2039, the retirement age is 60. If they finish between January 1, 2040 and December 31, 2041, they can retire at age 61. If premium payments are completed after January 1, 2048, the retirement age rises to 65.
These are the conditions for women to retire under Bağ-Kur after 9,000 days. Individuals who meet these requirements may apply for retirement and receive their pension entitlements.