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Maximum pension deduction for debt repayment
The maximum deduction for debts from the pension is limited to 25% of the total monthly pension, in accordance with Social Insurance and Pensions Law No. 148 of 2019. This limit applies in certain cases, such as debt repayment, giving priority to deductions for maintenance debts over other debts when they overlap. The cases in which deductions are permitted include claims by the authority, bank installments, and expenses, with safeguards in place to protect a portion of the pension to preserve the rights of beneficiaries. The law aims to strike a balance between debt recovery and the protection of the rights of insured individuals and pensioners.
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