Credit Package Preparations Started for EYT Severance Pay

Preparations for the Loan Package for EYT Severance Pay Started
Credit Package Preparations Started for EYT Severance Pay

Minister of Treasury and Finance Nabati announced that preparations have been started for the loan package, which will allow employers to meet the burden of severance pay with appropriate financing conditions, following the Regulation on the Aged Retirement (EYT).

Minister Nebati stated that the Ministry of Treasury and Finance has started preparations for a loan package that will allow employers to meet the burden of severance pay with the Treasury-backed KGF guarantee under favorable financing conditions.

Credit support will be given to companies for the severance pay of those who will retire after the EYT regulation. The scope and content of the support will become clear after the work to be done.

Minister Nebati's statement on his social media account is as follows: “Our Ministry of Labor and Social Security is working on the retirement age group (EYT). In this context, preparations have been initiated by the Ministry of Treasury and Finance for a loan package that will enable our employers to meet the severance pay burden with treasury-backed KGF guarantees with appropriate financing conditions.”

Günceleme: 02/12/2022 14:31

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