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12January2023

Warning to Employers from the Social Security Institution

Warning to Employers from the Social Security Institution

In the well-intentioned warning letters/notifications sent by the Social Security Institution to some employers, it has been determined that the wages (SSI premium earnings) of the qualified employees declared are at or close to the minimum wage. Also, if this situation is detected during the investigations and audits/inspections by the SSI, administrative fines would be applied. In this sense, it was requested from employers to show the necessary sensitivity to be compliant with their social security obligations.

Based on this, it is important for employers to make a truthful declaration and review the earnings subject to the premium to be declared.

Should you have any queries or need further details, please contact your customer representative.

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Social Security Law and Legislation

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  • Notification!

    Contents provided in this article serve to informative purpose only. The article is confidential and property of CottGroup® and all of its affiliated legal entities. Quoting any of the contents without credit being given to the source is strictly prohibited. Regardless of having all the precautions and importance put in the preparation of this article, CottGroup® and its member companies cannot be held liable of the application or interpretation of the information provided. It is strictly advised to consult a professional for the application of the above-mentioned subject.

    For each concrete situation, it is strongly advised to seek guidance from a professional advisor. If you are a customer of ours, please consult with your customer representative before taking any action related to the announcement. If you are not a customer, seek advice from an expert.

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