The number of participants in the Individual Retirement System is heading towards a record.

According to data shared by the Turkish Insurance Association (TSB), the number of voluntary participants in the Individual Retirement System (BES) has surpassed a historic threshold, exceeding 10 million. This stands out as a significant step that individuals are taking to ensure their future financial security.

In addition to the advantages provided by BES, when including the Automatic Enrollment System (OKS), the total number of participants reaches 18 million. This situation demonstrates how increased interest in retirement planning is apparent across Turkey. The system not only strengthens individuals' saving habits but also contributes to the growth of the Turkish economy by offering long-term investment opportunities.

BES draws attention with the saving opportunities it offers to participants. Individuals have the chance to create a substantial fund for their future through regular contributions made each month, while also aiming to increase their contribution amounts thanks to state support. The underlying mechanism enhances individuals' financial literacy, transforming their saving habits into a systematic approach.

Furthermore, the total fund size of the system is currently approaching 2 trillion lira. This size creates an important resource in line with Turkey's economic development goals. BES promises to provide financial security not only during the retirement period but throughout all stages of individuals' lives.

As a result, the Individual Retirement System in Turkey continues to receive significant participation and support, helping to enhance economic stability through the investments individuals make for the future. It is expected that these participation figures will further increase in the upcoming periods.