
Turkey eliminates retirement age requirement
Less than six months before the Turkish presidential election, Turkish President Tayyip Erdogan recently announced in a press conference that the minimum age requirement for retirement (age 58 for women and age 60 for men) will be eliminated. This change allows more than 2 million workers to retire immediately.
The Turkish government plans to introduce and approve a legislation in the coming weeks, and the changes are expected to enter into effect retroactively on 1 January 2023.