Özet:

In recent years, the extension of the lifetime of individuals has increased the health and retirement spending of the social security system. The increasing burden on the public budget, the social security system has entered the financial crisis over time. This has led to some structural reforms that can solve the problems of the social security system. Those structural reforms aimed at strengthening the existing public pension system and then developing a complementary individual pension system in addition to the public pension system. Thus, the sharing of social risks by the individual pension system has alleviated the financial burden of the public pension system. Participation in the individual pension system based on savings is voluntary. The individual pension system allows participants to make long-term savings and helps them increase their income during their retirement periods. The contributions of participants to the system are converted into investments by retirement companies, which provides national resources to the country’s economy. In the study, in light of the data obtained from the Pension Surveillance Center, the importance of the individual pension system was sought to explain in terms of social security.