What is BES, How Does It Work?
What is BES (Individual Pension System)?
The individual pension system, as the name suggests, is a private insurance system that enables individuals to retire with their own savings. In this system, monthly pension premiums are paid in amounts that vary depending on the determined monthly payments. The biggest advantage of the system is the option to exit the system by refunding the total amount paid up to that day if desired. Considering today's pension amounts, the necessity of double retirement becomes clear once again. In this system, you have the opportunity to be both an SSK and a BES pensioner.
How Does BES Work?
BES consists of a pool that is filled by the premium payments of everyone entering the system. The amounts accumulated in this pool are evaluated by the pension fund system through various funds, thus ensuring the appreciation of the money accumulated in the pool.
