Page 31 - Turkinsurance Digital Magazine

29

Top 10 cities with highest number of participants

28,17%

9,15%
6,94%
4,14% 4,02%
2,64% 2,56% 2,12% 1,99% 1,94%

İstanbul Ankara İzmir Antalya Bursa Kocaeli Adana İçel Muğla Konya

Institution) retirees account for 4.1 percent of all BES partici- of 28.17 percent; followed respectively by Ankara with 637
pants, farmers account for 3.1 percent, bankers account for 2.7 thousand 886 participants and a share of 9.15 percent, İzmir
percent, doctors and pharmacists account for 2.5 percent, engi- with 483 thousand 883 participants and a share of 6.94 percent,
neers account for 2.4 percent, students account for 2.2 percent Antalya with 289 thousand 266 participants and 4.14 percent
and technicians account for 2 percent. Remaining 6.2 percent of share, and Bursa with 280 thousand 486 participants and 4.02
participants are occupied in other fields. percent share. They are followed by Kocaeli with a share of 2.64
percent, Adana with 2.56 percent, İçel with 2.12 percent, Muğla
Highest number of participants are from the Marmara with 1.99 percent, and Konya with 1.94 percent. At the end of
Region 2016, highest growth in the number of participants was reported
in Gümüşhane with a growth rate of 25 percent, Yozgat with a
According to the geographical distribution of participants based rate of 22 percent and Adıyaman with 21 percent.
on the city of their residence, highest number of pension partic-
ipants are from the Marmara Region. Central Anatolia, Aegean Flexible funds are the most preferred by participants in the sys-
Region, Mediterranean Region, Black Sea Region, Southeast- tem with a share of 31.9 percent. Public barrowing funds (TRY)
ern Anatolia and Eastern Anatolia follow respectively. The lat- follow with 26.6 percent, liquid funds rank third with a share
est statistics indicate that 10 cities with the highest number of of 12.3 percent, standard funds follow as fourth with a share of
participants account for 63.67 percent of all participants in the 9.9 percent. Public borrowing funds in foreign currencies rank
Individual Pension System. Top 5 of these 10 cities include İs- fifth with a share of 8.6 percent, followed by stock funds with 7
tanbul with 1 million 964 thousand 57 participants and a share percent and precious metal fuds with 2.7 percent.

Distribution of BES Participants by Amount of monthly contributions
gender based on fund size based on the age of participants (USD)

44,6
38,5
31,6
44% 25,4
23,1
56%

Younger than Between 25 Between 35 Between 45 Older than 55
Female Male 25 and 34 and 44 and 55
Zeynep Tütüncü / zeynept@bestyayincilik.com