Page 30 - Turkinsurance Digital Magazine
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28 pension outlook
6 million 898 thousand participants in
IPS, 6 million 635 thousand participants
in AES at the end of 2020
At the end of 2020, total number of participants in IPS (Voluntary Participation) reached
6 million 898 thousand people, while AES (Auto-Enrollment System) reached 6 million
635 thousand participants. Total fund size in BES reached 18 billion 91 million USD,
and fund size of participants that joined the system via auto-enrollment reached 1 billion
476 million USD.
