What is Social Insurances

The aim of this study is to evaluate and provide an overview of the significant impact of the increasing mean age of the communities on social insurance as well as the effects of COVID-19, which has turned into a pandemic, on social security rights of elderly. In this framework, strategies are suggested to minimize the negative effects of the issue on social security. This study aims to investigate the effects of aging of the population on social security systems in line with the reformist approach to social security systems, to seek an answer to the question of how social security systems will respond to this transition in the demographic structure and to suggest solutions against the effects of COVID-19. In addition, the authors discuss the implementation methods of a three-pillar social security model proposal, which is based on individual pension programs within the scope of social security reforms. Finally, flexible retirement plans developed in order to keep the aging workforce in employment for longer periods are discussed.