Participation-Based Under-18 Piggybank Pension Plan
- This is a plan in which individuals under the age of 18 can participate as contributors.
- Under this plan, the minimum contribution amount is 1,158 TL.
- No upfront entry fee is charged upon system registration under this plan. The initial capital is 50,000 TL.
- An Exit-Deferred Entry Fee Deduction equivalent to 8.5% of the AABU amount is applied. For the first 5 years, the maximum deduction is 42.5% of the Gross Minimum Wage (ABU).
- Under this plan, no administrative expense deduction is made.
- A break-time deduction equal to 1/12 of 8.5% of the AABU amount (AABÜ x 8.5% / 12) is applied. Monthly Current ABU: 8.5%/12 (maximum)