SSI premium can be reduced with incentives | Economic News

One of the most important cost items for companies is employee expenses. Although the first employee expense that comes to mind is salary, this cost is gradually increasing with side items such as Social Security Institution (SGK) premium and unemployment insurance. Therefore, all businesses, regardless of whether they have one employee or thousands of employees, are looking for ways to reduce these side expenses. Human resources platform Kolay İK listed the most popular incentives for SSI premiums. At the top of the list was “disability, old-age and survivors’ insurance premium incentives”. In this incentive, the amount corresponding to five points of the employer’s share of the disability, old-age and death insurance premiums calculated based on the basic earnings of the employees is covered by the Ministry of Treasury and Finance.

The incentive applied specifically to those who employ retired employees is among the most demanded ones. In companies employing retirees, the Ministry of Treasury and Finance covers the employer’s social security premium, corresponding to 5 points of the employer’s share of the social security premium. At the same time, if insured people receiving unemployment benefits start working in the private sector, 1 percent of the short-term insurance premiums calculated on the basis of premium earnings lower limit and all of the long-term insurance premiums and general health insurance premiums will be transferred to the Unemployment Insurance Fund during the period during which these people are entitled to unemployment benefits. It is met from. For insured individuals hired by private sector employers between March 1, 2011 and December 31, 2025, the employer’s share of the insurance premium calculated based on their premium earnings is covered entirely by the Unemployment Insurance Fund.

Again, the employer’s share of the insurance premium of employed disabled employees is fully covered. Half of the employer’s share of the insurance premium calculated on the wages of R&D, design and support personnel and personnel whose wages are exempt from income tax in accordance with the temporary article 2 of Law No. 4691, is covered by the Ministry of Treasury and Finance until December 31, 2028. In case of employment in the private sector by individuals falling within the scope of Additional Article 1 of the Social Services Law No. 2828, the entire insurance premium calculated based on the lower limit of earnings subject to premium is covered.