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Individual Pension System 2016 Progress Report

Turkey Population and Analysis of Crossing Through IPS

Withdraw* Proposal* Rejection* Number of
340,367 144,871 130,690 Participants who
has Contract
Population entered
79,814,871 the system***
Retired 8,231,812
Population over 18 Other** Participants **
55,870,370 39,028 36,052

Cancellation** Opt Outs**
54,539 2,056,130
Withdraw**
235,567

Number of Crossing 8,847,740
Participation* Through IPS
8,847,740 Crossing Through IPS
6,627,025 Number of
Unique Participation** * Records that never entered into force.
5,810,496 ** The next process from the date of enforcement.
*** Participants who have entered into at least one contract until
* As of 31.12.2016, the total number of unique company participants. 31.12.2016.
** As of 31.12.2016, the number of unique participants in the system.

G.45 “Analysis of Crossing Through IPS” shows participants who have entered into force in the Individual Pension System,
have received at least one contract but have not entered into force and have terminated their contract.

It is assumed that the participant has no active contract in the system in the event of termination.

If the participant’s contract has more than one type of termination, the sorting were used when the type of event of the
participant was determined is retirement, opt outs, withdraw, cancellation and other (death, disability and out of work).
ansfer to another company from the retirement income plan.

31 Individual Pension System Data