KTTO wanted the continuation of social insurance premium support – Cyprus Newspaper

The Turkish Cypriot Chamber of Commerce (KTTO) Government invited the social insurance premium support that ended in February to make a decision to re -put into force, including March.

In a written statement made by KTTO, it was recalled that the Social Insurance Premium Support, which was implemented in order to ensure the sustainability of employment and to encourage the regular payment of social security premiums, ended as of February 2025.

Prime Minister, Support will continue and especially the support rates for the citizens of the TRNC and the support rates will be increased in a statement, « However, no legal regulation has not yet been implemented in this direction, » he said.

-« Two important objectives of social insurance employer premium support… »

In economic conditions that become more and more difficult every day, premium support; Protecting employment, encouraging the deposit of social insurance premiums without delay, to ensure the sustainability of the Social Insurance Fund, to prevent unemployment and unregistered employment in the statement pointed out that “Businesses who benefit from premium support can not benefit from the premium support. ⁠PBusinesses who benefit from the support of RIM make all the premium investments of all social insurance and precautionary funds of prudence in 15 of each month, and cannot benefit from the premium support if this is not done ”.

In the statement that these two advantages will be eliminated if the premium support application was interrupted, social insurance premium support was asked to continue to cover March without interruption.