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The İPSD calculation is located under the Work accident menu (Injury · Fatal · İPSD). 10 free calculations for verified users; after that, a valid traffic / work accident (actuarial) package, with unlimited use while on a package. "Calculate and save" stores the result as a report.
What is İPSD?
The SGK awards permanent incapacity income to an insured person left permanently incapacitated by a work accident or occupational disease and, in case of death, death income to the beneficiaries. The lump-sum value of these monthly incomes on the date the income starts is the initial capitalized value (İPSD). The institution relies on this value in a recourse action against the employer at fault or a third party; in a compensation action, the employer shows the portion of which it is released from liability by means of this value (see İPSD offset).
What information is entered?
| Information | Source |
|---|---|
| Income recipient(s) | In injury cases, the victim; in death cases, each relative to whom the SGK awarded income (spouse, child, mother, father) separately |
| Date of birth and sex | Civil registry record; the coefficient depends on age and sex |
| Income start date | SGK income award letter |
| Monthly income amount | The amount as of the income start date in the SGK income award letter |
| Fault ratios (optional) | Fault of the employer and of any third party; for the recourse calculation |
| Other SGK payments (optional) | Temporary incapacity allowance, treatment costs |
How is it calculated?
The monthly income is converted to an annual amount and multiplied by the coefficient in the annex to the SGK's Communiqué on Capitalized Value Tables, according to the person's age at the start of the income, sex and status (insured person, spouse, child, parent). Age is taken as of the date the income starts; fractions of less than six months are disregarded. The coefficient tables are kept in the system; if the SGK publishes a new table, it is added with its new effective date and the version in force on the date the income started is used.
In death cases, the İPSD of each beneficiary is calculated separately and summed. The result breakdown shows the table, age and coefficient used for each person.
Recourse
- Recourse against the employer (Law No. 5510 Art. 21/1): The total of the İPSD and other SGK payments is multiplied by the employer's fault ratio. The recoverable amount is limited to the compensation the insured person or the beneficiaries could claim from the employer; if known, this limit is entered.
- Recourse against a third party (Art. 21/4): Half of the İPSD is multiplied by the third party's fault ratio (for example, the driver of the other vehicle in a traffic accident).
Caution: The recourse amount depends on the fault ratio; fault is determined by an expert report in the action for determination of a work accident or in the compensation action. In case of gross negligence, the offset does not apply (see İPSD offset and gross negligence).
Where is it used?
- In reviewing the amount claimed in a recourse action brought by the SGK,
- In calculating the portion of which the employer is released from liability (offset) in a compensation action brought by the employee or the beneficiaries,
- In negotiations conducted with the insurer or a third party.
The result is used as the SGK offset in injury and fatal work accident compensation calculations.
Frequently asked questions
What is İPSD?
The lump-sum (capitalized) value, on the date the income starts, of the permanent incapacity or death income awarded by the SGK.
How is it recovered from the employer?
Law No. 5510 Art. 21: to the extent of the employer's fault ratio; limited to the compensation that could be claimed.
How is recourse against a third party calculated?
Half of the İPSD × the third party's fault ratio (Art. 21/4).
Can I see the coefficient tables?
The calculation breakdown states the table, age and coefficient used for each person. All tables are updated by the administration.
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