Page 26 - BES2016_ING

Individual Pension System 2016 Progress Report

Participants’ Fund Amount according to Participants’ Ages

Average Amount of Accumulations First and Third Quarters
and Median Participants' Fund Amount

20,000

Average of Participants' Fund Amount (TL) 17,500

15,000

12,500

10,000

7,500

5,000

2,500

G.30 0 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65
Age of Participant

Participants’ fund amount of contracts that are still in force as of 2016 year-end are analyzed according to participants’
age.

Distribution of Terminated Contracts according to Participants’ Age Groups

Age 35 - 44 Distribution of individual and group individual contracts
1,339,836 that were opted out the system voluntarily (except
retirement) until the end of 2016, according to
32.3% Participants’ Age Groups at termination.

Age 25 -34 Age 45-55 Termination ratio is 11% for individual and group
702,526 individual pension contracts that were in force at the
1,576,911 16.9% beginning of 2016. When it is analyzed in age groups
38.0% detail, this ratio is 15% for participants aged 25 and
under, 14% for 25-34, 11% for 35-44, 10% for 45-55
56 and over age groups and 8% for participants 25 and under aged
183,784 56 and over.
4.4%

G.31 25 and under
348,611
8.4%

Individual Pension System Data 24