The Number of Retirees in the Private Pension System (BES) Has Exceeded 500,000, and the Funds Have Surpassed 2.6 Trillion Turkish Lira.
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Economy - In Türkiye, as the Private Pension System (BES) and Occupational Pension System (OKS) approach their 23rd year, the total fund size has exceeded 2.6 trillion Turkish Lira, while the number of retirees from the system has surpassed 500,000. The savings of children under 18 have reached nearly 115 billion Turkish Lira.
The total number of participants in BES and OKS has exceeded 18.2 million, and the fund size has surpassed 2.6 trillion Turkish lira.
Interest in the Private Pension System (BES) is increasing day by day. While the number of people retiring from BES has exceeded 500,000, the total size of BES and the Automatic Enrollment System (OKS), including government contributions and participant fund amounts, has surpassed 2.6 trillion Turkish Lira. The size of BES and OKS has increased by approximately 475 billion Turkish Lira since the beginning of the year.
The number of people who have retired from the Private Pension System has exceeded 500,000, reaching 501,081. The total fund size in the Private Pension System and the Automatic Enrollment System has reached 2 trillion 637.9 billion Turkish Lira, and the number of participants has risen to 18.2 million.
The Private Pension System (BES), which aims to prevent a decline in the welfare levels of individuals during their retirement years and also contributes to the national economy by increasing long-term savings levels within the country and creating funds, was established in Türkiye on October 27, 2003...
The Private Pension System in Türkiye continues to grow. The total fund size in the Private Pension System (BES) and the Automatic Enrollment System has increased by 475 billion lira since the beginning of the year, exceeding 2.6 trillion lira, while the number of retirees from BES has surpassed 500,000 for the first time. A remarkable amount, approaching 115 billion lira, has also been reached in savings made on behalf of children.
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