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Pension rights errors lead to large retroactive payments in Italy and Turkey
In Genoa, Italy, a 75-year-old man received approximately €106,000 in retroactive payments after discovering he was entitled to a monthly pension of €1,400 rather than just low-income social assistance. After consulting the Italian institution Patronato Inca CGIL, experts found that his career records, specifically his time working as a seaman, had been incorrectly recorded or ignored.
In Turkey, social security experts are highlighting similar risks of lost rights due to missing premiums or incorrect records. Experts note that for individuals insured before October 1, 2008, strategic planning regarding the last 2,520 days of contributions is vital. Specifically, spending at least 1,261 days under the SSK (4A) status can result in retirement pensions that are 20% to 30% higher than those under Bağ-Kur (4B) status, while also securing severance pay rights.