Our country is about to celebrate the 29th year of social insurance law and payment of social insurance. In the past, due to social development and economic changes, the amount of social insurance contributions has been increased and changed many times, but to this extent, the benefits to social insurance payers are not increasing, but on the contrary, they are getting worse.
We “collect” 24 percent of our earned salary every month for pension, benefits, unemployment, industrial accident, and occupational disease insurance, the highest of which is 17 percent, or 17 percent. As of today, pensions are “granted” to 3 people who are working and paying social insurance and 1 elderly person.
However, experts have estimated that this dividend will shrink year by year and in 2040, it will pay the pension of 1 citizen and 1 elderly person paying social insurance. As for me, I have always been of the position that the pension reform should be carried out in the near future and without delay, and I have not taken a step back from this.
The working group appointed by the Parliament in 2020 and headed by me has initiated and submitted the Personal Supplemental Pension Law after conducting appropriate studies to improve the legal environment in order to carry out pension reforms. In November of last year, the parliament supported the discussion of the private pension law, but it was expected that it would be discussed together with the social insurance package law.
As a result, in the first quarter of 2023, the Social Insurance Package Law, submitted by the government of MU and approved by the Parliament, resolved the issue of pension reform to a certain extent, and the work started and the expectations of the public came to fruition.
Citizens have not only started demanding the implementation of this law by the members elected from their constituencies, but they are still demanding the complete reform of the entire system.