This plan is special for those who aim for high savings and state contributions. Benefit from personalized customer service and various advantages while securing your future.
We offer an ideal opportunity for those aiming for high savings! With the Master Retirement Plan, you can secure your future while benefiting from the advantages offered by BESVIP Insurance and the diverse fund options from Anadolu Hayat Emeklilik.
This plan is designed for those with high savings goals within the Private Pension System. You’ll have the chance to increase your savings with the government contribution and receive guidance throughout your investment processes with our dedicated customer service. Now is the perfect time to take solid steps for your future! Secure your savings with PPS.
The minimum contribution amount for the Master Retirement Plan varies depending on whether an initial payment is made.
| Option | Monthly Minimum Contribution | Initial Payment |
|---|---|---|
| Option 1 | 1,500 TL | 160,000 TL |
| Option 2 | 6,000 TL | – |
You can increase your savings by making higher payments.
You can make contribution payments indexed to USD or EUR; on a monthly, quarterly, semi-annual, or annual basis; via credit card, automatic payment order, or in cash.
At the BeginningNot Collected
According to the individual retirement legislation, we do not collect the initial entry fee at the start of the contract.
Between 0-60 monthsCollected
If you terminate your account within the first 60 months, a deferred entry fee will be deducted from your savings. The amount deducted varies based on the time elapsed since the start of your contract. We calculate the deduction by subtracting the total deductions up to your departure date from 5 times 8.5% of the monthly gross minimum wage.
After the 60th monthNot Collected
If your Individual Retirement account remains with us for 5 years from the effective date of the contract, and also in cases of withdrawal due to loss of life or disability, we do not apply the entry fee.
We do not collect a management fee deduction for this plan. If you do not make any payment to your individual retirement account within 3 months following the payment date, we consider you as having suspended your payments.
If you prefer to pay a minimum monthly contribution of 2,500 TL without an initial amount and suspend your payments, we apply an additional management fee deduction from your savings for each full month of suspension. This additional deduction is 1/12 of 8.5% of the monthly gross minimum wage for each full month of suspension.
The total of management fee deductions, additional management fee deductions, and entry fee deductions for your contract year cannot exceed 8.5% of the monthly gross minimum wage.
Note: We apply gross minimum wage amounts as determined by the legislation. If we have not collected management fees and the initial entry fee within the first 5 years of the contract, we will collect these amounts in the years following the 5th year of your contract.
According to individual retirement legislation, retirement companies may make a total fund expense deduction (including fund management fees and costs related to custody, auditing, transaction expenses, etc.) from the net asset value of retirement investment funds to cover their expenses.
For each retirement investment fund in the Child's Pension Plan, we apply fund management fees and total expense deductions at the following rates:
|
Fund Name
|
Fund Management Fee Deduction
|
Maximum Fund Total Expense Deduction
|
|---|---|---|
| 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 Borrowing Instruments Fund (AH3) | % 0.00510 daily (% 1.85 annual) |
% 0.00525 daily (% 1.91 annual) |
| Second Public External Borrowing Instruments Fund (AH4) | % 0.00510 daily (% 1.85 annual) |
% 0.00525 daily (% 1.91 annual) |
| Equity 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 Borrowing 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 Equity Fund (BHS) | % 0.00605 daily (% 2.20 annual) |
% 0.00625 daily (% 2.28 annual) |
| Technology Sector Equity Fund (BHT) | % 0.00605 daily (% 2.20 annual) |
% 0.00625 daily (% 2.28 annual) |
Note:
Find answers to frequently asked questions about the Expert 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.
For detailed information and questions about the Master Pension Plan, please contact us.
