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Individual Pension System 2016 Progress Report

3.2 Sectoral Expectations for 2017

This section presents survey results applied to pension companies that contain their targets and sectoral expectations for 2017.
The following table illustrates the minimum, maximum and the average figures related to several quantities regarding the individual
pension system, based on the pessimistic, most probable and optimistic expectations of the pension companies.

Expectations Regarding Number of Participants,
Amount of Contributions and Accumulations of Participants’ Funds and
State Contribution Funds for the Year 2017

Pessimistic

Minimum Arithmetic Mean Maximum
1,825,075
Number of New Participants within the Year 583,000 1,325,895 7,200,000
Total Number of Participants at the Year-End 5,659,000 6,645,426
7,529,587,134
Net Cumulative Amount of Contributions at the Year-End (TL) 3,971,560,000 5,828,037,571 70,000,000,000
11,307,000,000
Cumulative Amount of Accumulations at the Year-End (TL) 57,441,566,421 62,052,674,121
Maximum
Net Cumulative Amount of State Contribution Funds at the Year-End (TL) 8,255,000,000 9,635,097,346 2,445,890
7,469,886
Most Probable
8,176,145,474
Minimum Arithmetic Mean 75,000,000,000
12,000,000,000
Number of New Participants within the Year 661,523 1,426,719
Maximum
Total Number of Participants at the Year-End 5,725,000 7,039,754 2,827,725
Net Cumulative Amount of Contributions at the Year-End (TL) 4,406,800,000 6,262,260,665 8,216,875

Cumulative Amount of Accumulations at the Year-End (TL) 60,464,806,759 65,655,161,788 8,931,534,148
80,000,000,000
Net Cumulative Amount of State Contribution Funds at the Year-End (TL) 8,466,000,000 10,363,824,373 14,000,000,000

Optimistic

Number of New Participants within the Year Minimum Arithmetic Mean
Total Number of Participants at the Year-End 735,026 1,597,551
Net Cumulative Amount of Contributions at the Year-End (TL) 7,468,331
5,792,000
4,896,440,000 6,685,128,515

Cumulative Amount of Accumulations at the Year-End (TL) 65,603,831,228 69,936,782,324

Net Cumulative Amount of State Contribution Funds at the Year-End (TL) 8,670,000,000 11,181,556,461

95 Realizations in 2016, Sectoral Expectations for 2017