Page 33 - Turkinsurance Digital Magazine

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At the end of the third quarter of 2024, the number of
participants in the private pension system (BES) increased
by 10.81% compared to the same period of the previous
year, while the number of participants included through

the automatic enrollment system (OKS) rose by 7.48%.
Meanwhile, the total fund size in BES grew by 70.72%, and
the OKS fund amount increased by 57.46%. However, these
figures indicate that the growth momentum of these increases

has slowed down.

According to the data from the Pension Moni- (OKS) increased by 678 thousand 750 peo-
toring Center (E.G.M.) for the end of Septem- ple compared to the same period last year and
ber, the total number of participants in the amounted to 9 million 748 thousand people.
Private Pension System (BES) increased by
910,471 people compared to the same period At the end of the third quarter, the total fund
last year, reaching 9.33 million participants size in the Private Pension System (BES)
by the third quarter of the year. During this increased by 70.72% compared to the same
period, the number of participants included in period last year, reaching 933 billion 839
the system through automatic participation million TL. Meanwhile, the fund size of

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
2024 third quarter 11.499.487 11286375