If you are a member of the Turkish Armed Forces or a civil servant in the Turkish Armed Forces, or an employee of a foundation or its subsidiaries or indirect partnerships, this plan is special for you. Benefit from personal accident insurance free of charge while investing in your retirement. Your spouse, children, parents and siblings can also participate in this plan and secure their future today.
This plan enhances the retirement periods of military personnel and their families while providing additional advantages to strengthen your financial planning. Through BESVIP Insurance, you can effectively manage your savings with the diverse fund options offered by Anadolu Hayat Emeklilik.
Additionally, with the individual accident insurance provided by this plan, you gain extra protection against potential risks. By securing your future today alongside your family, you will feel more confident every step of the way. Take advantage of this opportunity now and build your financial future on solid foundations!
The minimum monthly contribution amount for this plan is 1000 TL. You can increase your savings by making higher payments.
You can make your contribution payments indexed to USD or EUR; on a monthly, quarterly, semi-annual, or annual basis; via credit card, automatic payment instruction, or in cash.
InitiallyNot Charged
When you choose the Military Members Retirement Plan, we do not charge the initial entry fee applicable at the contract start date according to individual pension regulations.
Between 0-60 monthsCharged
If you terminate your account within the first 60 months, a deferred entry fee will be deducted from your accumulation. The amount of this deduction varies based on the time elapsed since the start of your contract. We calculate the deduction amount by subtracting the total deductions until your departure date from 5 times 8.5% of the monthly gross minimum wage.
After the 60th monthNot Charged
If your Individual Pension account remains with our company for 5 years from the contract effective date, and in cases of departure due to death or disability, we do not apply an entry fee.
Management expense deduction; is the process of deducting monthly from your accumulation an amount equal to one-twelfth of 6.5% of the gross minimum wage, from the 1st year of your contract until the end of the 5th year. From the 6th year onwards, no management expense deduction is applied.
If you do not make any payments to your individual pension account within 3 months following the contribution payment date, we consider you as having paused your payments. If you pause your payments, during the paused period, we apply an additional management expense deduction for each full month of the pause, equal to one-twelfth of 8.5% of the gross minimum wage.
The total amount of management expense deductions, additional management expense deductions, and entry fee deductions for your contract year cannot exceed 8.5% of the monthly gross minimum wage.
Attention: We apply the gross minimum wage amounts as determined by regulations. If there is any management expense deduction and initial entry fee that we did not collect within the first 5 years of your contract, we will collect these amounts in the years following the 5th year of your contract.
According to individual pension regulations, pension companies can deduct a fund total expense deduction (including fund management expenses and expenses related to storage, audit, transaction, etc.) from the net asset value of pension investment funds to cover expenses.
For each pension investment fund in the Child’s BES Plan, we apply fund management expenses and total expense deductions as per the rates in the table below.
| Fund Name | Fund Management Expense Deduction | Fund Total Expense Deduction (Maximum) |
|---|---|---|
| Bond Fund (AH1) | % 0.00510 daily (% 1.85 annual) |
% 0.00525 daily (% 1.91 annual) |
| Money Market Fund (AH2) | % 0.00275 daily (% 0.99 annual) |
% 0.003 daily (% 1.09 annual) |
| First Public External Debt Instruments Fund (AH3) | % 0.00510 daily (% 1.85 annual) |
% 0.00525 daily (% 1.91 annual) |
| Second Public External Debt Instruments Fund (AH4) | % 0.00510 daily (% 1.85 annual) |
% 0.00525 daily (% 1.91 annual) |
| Stock Fund (AH5) | % 0.00605 daily (% 2.20 annual) |
% 0.00625 daily (% 2.28 annual) |
| Developed Countries Variable Fund (AH6) | % 0.00550 daily (% 2.00 annual) |
% 0.00625 daily (% 2.28 annual) |
| Cautious Variable Fund (AH8) | % 0.00605 daily (% 2.20 annual) |
% 0.00625 daily (% 2.28 annual) |
| Balanced Variable Fund (AH9) | % 0.00605 daily (% 2.20 annual) |
% 0.00625 daily (% 2.28 annual) |
| Aggressive Variable Fund (AH0) | % 0.00605 daily (% 2.20 annual) |
% 0.00625 daily (% 2.28 annual) |
| Participation Standard Fund (AGE) | % 0.00521 daily (% 1.90 annual) |
% 0.00525 daily (% 1.91 annual) |
| S&P 500 Fund Basket Fund (ABE) | % 0.00605 daily (% 2.20 annual) |
% 0.00625 daily (% 2.28 annual) |
| Gold Fund (BGL) | % 0.002877 daily (% 1.05 annual) |
% 0.00300 daily (% 1.09 annual) |
| Private Sector Debt Instruments Fund (AHC) | % 0.00510 daily (% 1.85 annual) |
% 0.00525 daily (% 1.91 annual) |
| Aggressive Variable Fund (AHL) | % 0.00605 daily (% 2.20 annual) |
% 0.00625 daily (% 2.28 annual) |
| Standard Fund (ATK) | % 0.00510 daily (% 1.85 annual) |
% 0.00525 daily (% 1.91 annual) |
| Gold Participation Fund (AEA) | % 0.00296 daily (% 1.07 annual) |
% 0.00300 daily (% 1.09 annual) |
| İş Bankası Subsidiary Index Fund (ATE) | % 0.00520 daily (% 1.89 annual) |
% 0.00525 daily (% 1.91 annual) |
| Sustainability Stock Fund (BHS) | % 0.00605 daily (% 2.20 annual) |
% 0.00625 daily (% 2.28 annual) |
| Technology Sector Stock Fund (BHT) | % 0.00605 daily (% 2.20 annual) |
% 0.00625 daily (% 2.28 annual) |
Attention:
Check out frequently asked questions about the TAF Members' Pension Plan.
The Individual Pension System (BES) is a savings and investment system that allows you to make regular contributions from today to maintain your standard of living during retirement, supported by government contributions.
Anyone can join the Individual Pension System. With the regulation that came into effect on May 25, 2021, even those without legal capacity can benefit from the advantages of the individual pension system through their legal representatives.
The pension you receive from the Social Security Institution may not be sufficient to maintain your standard of living during retirement as you did while working.
To address this need, the Individual Pension System (BES) comes into play. BES is not an alternative to the mandatory social security system but a complementary system that aims to provide additional income during your retirement and increase your standard of living.
Additionally, the Individual Pension System offers a unique government contribution advantage not found in any other investment tool, with a government contribution of 30% of every contribution you make added to your account.
BES is not an alternative to the social security system; it is a complementary system. Joining BES does not affect your relationship with the Social Security Institution. Payments made to the social security system and BES are independent of each other, and it is not possible to transfer your rights and entitlements between the systems.
Contact us for more information or to submit your questions about the TAF Members Pension Plan.
