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29December2021

Regulation for Auto Private Pension Withdrawals

Regulation for Auto Private Pension Withdrawals

A new regulation with regards to the employee withdrawals from the automatic private pension plans made by the employers has been published in Official Gazette numbered 31704 and dated 29.12.2021

With that new regulation, the employees who withdraw from the automatic private pension plan, would not need to be re-enrolled again after 3 years. The aforementioned rule has been abolished.

You can reach the related Regulation via the link (In Turkish).

Should you have any queries or need further details, please contact your customer representative.

Written by Erdoğdu Onur Erol, Posted in Social Security Law and Legislation

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    Please consult your client representative if you are a customer of CottGroup® or consult a relevant party or an expert prior to taking any action in regards to the above content.

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