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ARTICLE · 19 JANUARY 2017

Turkey Announces Transition Schedule For Auto-Enrolling Employee Pension Scheme

Moroglu Arseven
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From 1 January 2017, employers must enrol all employees into an Individual Pension System if they are under 45 year's old and Turkish citizens.

TurkeyEmployment and HR
E. Benan Arseven
E. Benan Arseven
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From 1 January 2017, employers must enrol all employees into an Individual Pension System if they are under 45 year's old and Turkish citizens. Employees can terminate their enrolment in the pension scheme within two months of being notified of their enrolment (more). Further details of the transition schedule and how the scheme will work have now been announced via secondary legislation.

The Regulation Regarding Procedures and Principles of Auto-Enrolment of the Employees to the Employee Pension Scheme by Their Employers ("Regulation") was published in Official Gazette number 29936 on 2 January 2017, effective from 1 January 2017.

The Regulation outlines details of:

  • A gradual transition schedule

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