Blog Is there a BES for under 18 years old?
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Is BES under 18 years old?
How is BES for Under 18s arranged? As a result of the amendment made in the Law No. 4632, it has been possible to include persons who do not have the capacity to act in the individual pension system; Persons under the age of 18 will be able to become a party to the contract as a "participant".
How much is the minimum amount of private pension under the age of 18?
*For participants under the age of 18, it is 150 TL. For the first 5 years, 8.5% of the Minimum Gross Minimum Wage is collected over the accumulation of your contract.
How is BES for children?With the legal amendment made in the Private Pension Law, the obstacle for children under the age of 18 to enter the system has been lifted. With the amendment made, individuals will be able to benefit from the % state contribution advantage separately in the contracts created for each member of a family, including the child.
What is the age limit in BES?
45 years old With the new regulation, the 45 age limit in automatic participation is finally lifted. After the law is enacted, all employees will be able to be included in the BES by their employers, regardless of age. Those who were not able to enter the system before due to the age limit will also be able to enter this way.
When did the BES for Under 18s start?
With the changes made at the end of May, BES is available to participants under the age of 18. Reminding that contracts have been started to be issued, Benli said that until 10 September 2021, nearly 50 thousand contracts were issued by 11 pension companies and that the fund size of these contracts was 44 million TL, and as of July 2021, the participant …
Individual retirement how much is paid?
The minimum contribution amount in the Private Pension Plan is 125 TL. Your contribution in monthly, quarterly, 6-monthly and annual periods; You can deposit with a credit card or automatic payment instructions.
Is the age of 45 included in the BES?
Does the beginning of insurance under the age of 18 count towards retirement?“In the implementation of invalidity, old-age and survivors insurance according to the law, it will be accepted that the insurance period of those who are subject to invalidity, old-age and survivors insurance before the age of 18 begins on the date they turn 18.
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