Abstract:

The Individual Pension System, which is a fairly new application compared to world practices, has shown rapid development since 2003, which is the beginning year. The funds collected in the individual pension system ensure the country’s increased savings volume, the long-term entrance of funds to the markets and the achievement of important objectives such as the increase in the level of well-being of the participants in the pension rate. The Individual Pension System, which starts on the basis of the principle of volunteering, will be transmitted to the "Automatic Participation System" from 1 January 2017 with the aim of increasing domestic savings rates andining the income levels of individuals during the active working period. The study will focus on the potential effects of the Automatic Participation System on the individual pension sector. In this context, the impact of the Automatic Participation System on employees and employers, the impact on retirement companies and the impact on domestic savings will be assessed.

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