Page 20 - BES2016_ING

Individual Pension System 2016 Progress Report

Distribution of Participants
as New or Existing Participants who bought a Pension Contract in 2016

G.17 New Existing Participants who bought a new contract in
Participants Participants 2016, although he has an existing contract
1,136,732 in the system are analyzed. Totally on
77.8% 324,759 average 16.8% of the participants bought
a new contract although he has an existing
22.2% contract in the system before 2016, this ratio
is 22.2% for year 2016.

Distribution of Contracts Transferred to another Pension Company*

[9,10) Years [10,11) Years Distribution of contracts that transferred or merged
0.9% accumulations to another pension company
1.1% according to “Time Spent in the Old Company”, as of
[8,9) Years [11,12) Years 2016 year-end. Transfers include only individual and
2.0% 0.4% group individual contracts.

[7,8) Years * According to time spend in the old company.
3.3%

G.18 [6,7) [1,2) Year
Years 25.7%
5.4% [5,6) Years
[2,3) Years
9.6% 24.8%

[4,5) Years
8.9%

[3,4) Years
17.9%

Ratio of Contracts That Withdrew in the Grace Period

Cayma Hakkı Kullanım Oranı

In Force Withdrew in the Distribution of individual pension contracts
(After the Grace Period and group individual contracts that witdrew
Grace Period) in the grace period, in year 2016 are shown
1,527,167 Before Contracts on the graph.
89.8% Come into Force
As of 2016 yearend withdrawal right in
G.19 66,691 the grace period used for 942 thousand
3.9% contracts.

Withdrew in
the

Grace Period
After Contracts
Come into Force

106,421
6.3%

Individual Pension System Data 18