Page 17 - Turkinsurance Digital Magazine

at a glance 15

As the retention period in auto-enrollment is extended, people better understand the
benefits of the system

Within the scope of Pension Monitoring Center’s “We Meet
for Your Retirement, Turkey is Getting BES’ed” project, a
panel was organized at Çerkezköy Organized Industrial Zone
with the participation of the leading representatives of insur-
ance market.

Moderated by the journalist Noyan Doğan, the panel’s speakers
were Burak Ali Göçer, General Manager of Garanti Emekli-
lik, Eyüp Sözdinler, Vice Chairman of Çerkezköy OSB (Organ-
ized Industrial Zone), and Mehmet Danyeli, Vice Chairman of
Çerkezköy Chamber of Commerce and Industry. The panel was
attended by the managers and employees of companies located
in Çerkezköy OSB, as well as the students from the Çerkezköy
OSB Occupational and Technical Anatolian High School. “Auto-Enrollment was launched as of 1 January 2017. Until
now, the system has covered 12 million employees and 200
The panel discussed the Individual Pension System and au- thousand companies. 5.5 million of 12 million employees have
to-enrollment from all aspects. Burak Ali Göçer, General decided to stay in the system and continue saving. We expect
Manager of Garanti Emeklilik, stated in his speech that such nearly 2 million more people to enter in the system. As of 1
organizations were very valuable, as they created a platform January 2019, approximately 400 thousand companies with 5
to gather with industrialists whom they regard as business to 9 employees will enter the system. Therefore, auto-enroll-
partners. Emphasizing that the most important pillar of the ment interests nearly 15 million employees and 600 thousand
New Economic Program is “savings”, Göçer stated that Indi- companies. This means that we can consider individual pen-
vidual Pension System and auto-enrollment played a vital role sion system as Turkey’s most efficient saving system.”
for this pillar.
Underlining that the support of employers’ is of great impor-
A system that touches 15 million people and 600 thou- tance to ensure that employees do not withdraw from the sys-
sand companies tem, Göçer added: “It is highly important to work in coopera-
tion with the employer. It is much more effective if employers
encourage their employees to stay in the system.” He also re-
Göçer also shared detailed information about the development minded that employers that do not participate in the system
of Auto Enrollment System, which was initiated as of 1 Jan- will be subjected to penal sanctions.
uary 2017:

Vakıf Emeklilik offers an unprecedented experience for employers

Vakıf Emeklilik offers compre- also offers employees with SSI coverage a chance to benefit from
hensive products and services the same medical services for a cheaper premiums compared to
that create a difference in in- Private Health Insurance premiums.
surance for companies that are
looking for corporate solution Özgür Obalı, General Manager of Vakıf Emeklilik, stated that af-
partners to offer advantageous ter the regulation allowing pension and life insurance companies
conditions to their employees. to sell health insurance products, they maintained their tradition
In addition to account rep- of being the leader in this field as well: “Following the regulato-
resentative support provided ry amendment, we were the first company to receive the health
especially for each company, insurance license and issue the first policy in this area. Togeth-
they can also benefit from er with our corporate customers, we are honored to support the
Wellness Clubs. policy of extending the use of complementary health insurance
across Turkey.”
By analyzing the requirements
and expectations expressed by human resources departments to Vakıf Emeklilik has recently initiated the “Fast Track Auto-En-
the best degree, Vakıf Emeklilik offers them the most appropriate rollment” application, making auto-enrollment processes much
solutions. The customers are provided coverage for their employ- faster for employers. General Manager Obalı states that they will
ees against potential risks for one year with Group Annual Life continue supporting the policies of Auto Enrollment via OKS 2.0
Insurance and Group Personal Accident Insurance products. Via that they will implement in 2019 as the market pioneer.
its Complementary Health Insurance product, Vakıf Emeklilik