The Supreme Court Has Made a Final Decision on Retirement Pensions: Delayed Payments Will Be Repaid with Interest.

Cumhuriyet

Lean Left

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The 10th Civil Chamber of the Supreme Court of Appeals has issued a landmark decision regarding the calculation of interest to be applied to delayed pension payments. The high court ruled that even if interest accrues due to the delay, the interest calculation should begin not from the initial date of entitlement to retirement, but from the date the three-month legal period granted to the Social Security Institution (SGK) expires.

Haberler

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The Supreme Court ruled that the legal interest to be applied to accumulated pension payments should be calculated not from the first day of entitlement to retirement, but from the end of the 3-month legal period granted to the Social Security Institution (SGK).