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Individual Pension System 2016 Progress Report
Contents
Foreword 07
1. Individual Pension System Data 09
1.1 General Overview 10
1.2 Contracts 13
1.3 Participants 20
1.4 Contributions 32
1.5 Pensioners 43
1.6 Intermediaries and e-BEAS 48
1.7 State Contribution 54
1.8 Pension Plans 58
2. Pension Mutual Funds and State Contribution Funds 61
2.1 Worldwide Pension Funds 62
2.2 Pension Mutual Funds and Securities Mutual Funds in Turkey 64
2.3 Asset Allocation of Fund Groups 66
2.4 Total Net Asset Values and Average Returns of Fund Groups 68
2.5 Returns of Pension Mutual Funds 71
2.6 State Contribution Funds 81
2.7 Risk Analysis of Pension Mutual Funds 87
2.8 Management Fees of Pension Mutual Funds and State Contribution Funds 90
2.9 Pension Mutual Funds and State Contribution Funds Data 91
3. Realizations in 2016, Sectoral Expectations for 2017 93
3.1 Realizations in 2016 94
3.2 Sectoral Expectations for 2017 95
4. Amendments in the Legal Framework 99
4.1 Amendments in the Legal Framework 100
Contents 2
