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The Social Insurance and Retirement Law issued by Law No. 148 of 2019 explains the conditions for benefiting from the "Additional Pension" scheme for insured individuals whose income exceeds the maximum amount for insurance wages. They can apply to receive an additional pension in exchange for contributions on the excess part. A personal account is established in the Social Insurance Fund to calculate this pension, which is determined by dividing the account balance by the life payment and adding it to the basic pension, provided that the contribution rate does not exceed 100% of the maximum insurance wage. The system aims to enhance the income of insured persons whose earnings surpass the permitted limit and requires adherence to a specified contribution percentage and certain conditions outlined in the executive regulations.
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