Page 25 - Turkinsurance Digital Magazine

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By the end of the second quarter of 2024, the increase in

both the total number of participants and fund amount in
the Individual Pension System (BES) outpaced the previous
period’s growth. During this period, the number of BES
participants increased by 11.53% compared to the same

period last year, and the number of participants enrolled
through automatic participation rose by 8.79%. The total
fund size in BES increased by 79.87% compared to the same
month of the previous year, reaching 839 billion 349 million

TL, while the OKS fund amount grew by 81.09% to 67 billion
982 million TL.

According to the data from the Pension Mon- automatic participation (OKS) increased by
itoring Center (E.G.M.) at the end of June, 763 thousand 974 people compared to the
the total number of participants in the Private same period last year and amounted to 9 mil-
Pension System (BES) was seen to increase lion 458 thousand people.
by 944,525 people compared to the same pe-
riod of the previous year, reaching 9 million At the end of the second quarter, the total fund
139 thousand people in the second quarter of size in the Private Pension System (BES) was
the year. During this period, the number of observed to increase by 79.87% compared to
participants included in the system through the same period of the previous year, reaching

Total number of BES certificates Number of OKS certificates
Q1 2018 8.204.183 3.967.234
Q2 2018 8.259.141 4.275.893
Q3 2018 8.230.494 5.169.619
Q4 2018 8.155.521 5.190.546
Q1 2019 8.083.992 5.464.536
Q2 2019 8.091.432 5.725.009
Q3 2019 8.090.479 6.078.032
Q4 2019 8.181.116 6.403.252
Q1 2020 8.264.605 6.600.403
Q2 2020 8.172.247 6.722.155
Q3 2020 8.215.815 7.103.201
Q4 2020 8.270.799 7.359.975
Q1 2021 8.296.844 7.398.820
Q2 2021 8.307.216 7.558.278
Q3 2021 8.400.958 8.073.914
Q4 2021 8.560.238 8.419.088
Q1 2022 8.765.008 8.446.766
Q2 2022 8.988.229 8.745.875
Q3 2022 9.196.692 9.208.016
Q4 2022 9.533.585 9.493.669
Q1 2023 9.745.144 9.649.169
Q2 2023 9.949.170 9.952.229
Q3 2023 10.264.011 10.411.597
Q4 2023 10.615.551 10.724.551
Q1 2024 10.969.736 10741030
Q2 2024 11.245.515 10933555