65 Years Wage, Cost and Finance in Turkey

Year 2017, Özel Sayı - ICEBSS 2017, 11 - 22, 10.11.2017

Faruk Dayı Zeynep Arabacı

Abstract

While World Health Organization took into account the age limit as 60 years in the 1970s, as today's retirement age is 65 years in industrialized countries. The number of elderly people, which is an important part of social life, is increasing every year. Furthermore, it is necessary to take measures to meet needs of the elderly population. Thus, a part of the needs of the elderly for the social state principle needs to be met by the state. It is taken for measures that 65 years wage is paid for old people in our country for their life. Purpose of the study is to compare the 65-year-old pension applied in our country with the similar practices in the world, but also to increase the share of the elderly in social life. In the research conducted, while the number of elderly people 65 years wage was 363.747 in 1977, it increased to 797.426 in 2011. Furthermore, while the 65-year wage was paid 76,47 TL in 2007, it increased to 212,30 TL in 2016. As a result of the work, it is seen that wages increase and care services increase in order to meet the needs of the elderly in our country.

Keywords

Wages, Social policy, Cost, Household finance

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