Turkey’s Pension Payment System through Postage System

August 30, 2021by Bünyamin Esen0

Turkey’s social insurance system is being governed by the Social Security Institution (SSI). This institution is paying pensions to 13.5 million pensioner each month. For easing the payment system and gor avoiding congestions at the banks the SSI is implementing a payment-at-the-door option for pensioners through National Postage Authority (PTT).

All you need to do is apply to provincial directorate of SSI with a petition to transfer your pension payment plans to PTT, after the transfer of your pension payments you will enjoy the privilege of service in PTT.

Social Insurance Institution, Social Security Organization for Artisans and the Self-employed, Retirement Fund retirees can have their pension payments from any PTT Office around Turkey.

Social Insurance Institution, Social Security Organization for Artisans and the Self-employed, Retirement Fund retirees’ pensions stays in PTT accounts for payment for 6 months, in case of not being withdrawn by the beneficiary it is returned to related Institution.

Social Insurance Institution, Social Security Organization for Artisans and the Self-employed, Retirement Fund retirees can get their payments in their residence with service of “Payment in Residence” all you need to do is to apply with a petition to nearest provincial directorate of SSI to get your pension payments in your residence.

Retirees of the SSI get their first pension payments from PTT.

With the PTTcards sent without application to Social Insurance Institution, Social Security Organization for Artisans and the Self-employed, Retirement Fund retirees who get their pension payments from PTT, you can withdraw money from our offices, PTTmatics or other bank atms and do shopping.

In order to use PTTcard sent to beneficiary’s residential address, you need to apply to nearest PTT office with your PTTcard and an id valid for payments.

PTTcard owners can apply for overdraft accountand so they can use their PTTcard even when they have zero balance.

With the PTTcards for retirees, they will have the ease of withdrawing pension from our offices or PTTmatics 24/7. So they can withdraw their pension anytime without waiting in line and they don’t need to withdraw their entire pension at once as well.

 

Bünyamin Esen

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