Participation-Based Under-18 Pension Plan
It is an Individual Pension (BES) system that enables children under the age of 18 to save for the future in accordance with financial principles without any profit sharing.
- Under this Plan, the minimum contribution amount is 1,448 TL.
- No upfront entry fee is charged upon joining the scheme under this Plan.
- A Deferred Entry Fee Deduction of 8.5 per cent of the AABÜ is applied. The maximum deduction for the first 5 years is 42.5 per cent of the AABÜ.
- Under this plan, a monthly administration fee deduction equal to 1/12 of 4.25 per cent of the monthly minimum gross salary announced in the first six months of the offer year (AABÜ * 4.25 per cent / 12) is deducted from the participant’s savings each month throughout the first five years of the contract.
- *A suspension deduction equivalent to 1/12 of 8.5 per cent of the AABÜ amount (AABÜ × 8.5 per cent / 12) is applied.