Pension Borrowings Will Increase in 2027: December 31 Warning

There will be changes in the borrowing amounts to be paid by those who want to complete their missing premium days for retirement in 2027. With the new minimum wage that will come into force on January 1, 2027, the amounts of birth, military service, foreign debt and Bağ-Kur revival payments will also be recalculated.

Those who want to benefit from the available amounts must apply by December 31, 2026. The amounts to be applied in the new year will be finalized after the announcement of the 2027 minimum wage.

2-YEAR COST OF BIRTH DEBT EXCEEDS 253 THOUSAND TL

Female insured women can add the time they cannot work due to childbirth to their retirement premiums by borrowing under certain conditions. The debt can be borrowed for a maximum of 2 years for each child.

The minimum maternity loan amount is calculated based on 32 percent of the gross minimum wage valid on the application date. In 2026, the minimum monthly birth loan amount is 10 thousand 569.60 TL.

Accordingly, the total cost of 24-month maternity loan reaches 253 thousand 670.40 TL. This amount is expected to increase with the increase in the minimum wage in 2027.

MILITARY SERVICE AND FOREIGN DEBT WILL ALSO BE INCREASED

The amounts to be paid for military service and foreign borrowing are also determined based on the gross minimum wage. These borrowings are based on 45 percent of the gross minimum wage on the application date.

As of 2026, the lowest daily borrowing amount is 495.45 TL and the monthly amount is 14 thousand 863.50 TL.

According to the current tariff, the total amount that a person who wants to get a 18-month military service loan must pay is calculated as 267 thousand 543 TL. With the increase in the minimum wage in the new year, the cost of military service and foreign borrowing will also increase.

DIFFERENCE OF 72 THOUSAND TL IS ON THE AGENDA

The expected increase in the minimum wage will directly affect the amount paid by those who plan to borrow for retirement. The total cost is expected to increase significantly with the new tariff, especially for long-term borrowings.

According to the calculations on the agenda, it is stated that those who apply after the end of the year may have to pay approximately 72 thousand TL more. However, the exact borrowing amounts for 2027 will become clear with the announcement of the new minimum wage.

DEADLINE TO BENEFIT FROM THE CURRENT TARIFF IS DECEMBER 31

Those who do not want to be affected by the increase in borrowing costs must apply by December 31, 2026. Applications can be made via e-Government.

The payment period after the application varies depending on the type of borrowing. The amount calculated for birth and military service debts must be paid within 1 month from the date of notification.