Amount of Accumulations (TL) |
Deduction Rate |
Deduction Amount (TL) |
Contract Year |
Refund Rate |
Calculated Ferund Amount (TL) |
1.1% of Amount of Accumulation |
Deduction Amount-Calculated Refund Amount (TL) |
More than 1.1%? |
Actual Refund (TL) |
---|---|---|---|---|---|---|---|---|---|
100,000 |
1.8% |
1,800 |
15 and over |
25% |
450 |
1,100 |
1,350 |
Yes |
450 |
100,000 |
1.2% |
1,200 |
15 and over |
25% |
300 |
1,100 |
900 |
No |
1200-1100=100* |
* Since no refund is applied for the part below 1.1% of the accumulations, with the refund of 100 TL, the deduction rate on the accumulations will be reduced to 1.1%.