Özet:

Individuals want to continue their lives without decreasing their standards of life in their retirement life. For this purpose, the small savings that individuals have made in their working lives are returned to them when they are retired, collectively or in periodic payments. The well-known Social Security Agency (SGK) in our country has taken over this task, but because of the high savings gap, it remains insufficient to perform this function. Therefore, in terms of removing the long-term savings gap, the Individual Pension System (BES) Funds offer significant opportunities. With the increased trust in the system, the BES funds have become a preferred investment tool. In this study, the application of the Individual Pension System in Turkey and the G7 countries was comparatively studied and then the BES SWOT (GZFT) analysis was carried out. In the study, using the data of the Pension Surveillance Center, the age of participants included in the system, the distribution according to the entry years and the fund amounts were shown in tables. As a result, in recent years, the Individual Pension System in Turkey, with the government’s incentive, has shown a significant development as the number of participants, if needed, the size of the fund.