It is a private pension system which is formed so as a complement to your existing social security and public pension plans for you to be able to live in comfort and answer your needs during your retirement. The system aims to encourage you to make savings, to guarantee these savings in transparency and to orient your savings towards investment by utilizing the most appropriate methods according to your wishes.
The system is safe; because the system is supervised by the Under - secretariat of Treasury, the Capital Markets Board (SPK) and Independent Auditing Institutions. Pension Supervision Centre and Settlement and Custody Bank carry out the function of auditing and supervision on a daily basis.
The system is safe; because even if the pension company falls into financial difficulty you will have no problem in collecting your savings whenever you choose. Your funds are kept not in your pension company account but in your Settlement and Custody Bank account. In accordance with the 17th article of the Pension Savings and Investment System Law numbered 4632, "Fund assets cannot be put in pledge, cannot be shown as collateral, cannot be confiscated by third parties or included in the bankrupts' assets.
Your retirement is under total guarantee.
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