The National Economy and Finance Ministry on Monday signed a joint ministerial agreement with the Labor and Social Insurance Ministry that will introduce a new form of unemployment benefit, initially on a pilot basis.
The revised structure of the unemployment benefit, which until now has been a flat amount received for a fixed period of time for all unemployed, irrespective of salary size or previous years of work, is based on a study conducted by the Public Employment Service (DYPA) in collaboration with the Organization for Economic Cooperation and Development under DG Reform support program.
The issue of the benefit will be automated and have three parts, including a fixed part that is 70% of the minimum wage (or an individual’s average wages if lower), and variable bonus parts determined by years of insurance and average pay (when this is higher than the minimum wage).
