New era in BES! passed in parliament

In the General Assembly of the Parliament, the first part of the law proposal including the regulations regarding the Private Pension System (BES) was accepted.

Published:

22:37 – 12 January 2022

BES’te yeni dönem! Meclis’te kabul edildiParliamentary General Assembly The meeting was chaired by the Deputy Speaker of the Assembly, Nimetullah Erdoğmuş. At the General Assembly, discussions on the Bill of Law on Amending the Private Pension Savings and Investment System Law, Some Laws and the Decree Law No. 375 continued. In the negotiations, the items in the first part of the proposal were accepted.

“NO LIABILITY”

Accordingly; Turkey Cumhuriyet before the bank with the amendment made in the Central Bank Law Money, receivables, goods, rights and assets belonging to foreign central banks will not be seized.

In cases filed regarding the taxes requested to be refunded, pursuant to the tax laws with the amendment made in the Administrative Procedure Law, A stay of execution decision cannot be made without a guarantee of 50 percent of the amount subject to the lawsuit.

GOVERNMENT CONTRIBUTION WILL BE INCREASED TO 30 PERCENT

With the amendment made in the Law on the Private Pension Savings and Investment System, participants who have been in the PPS for a certain period of time will be able to receive partial payment. The state contribution rate, which is currently determined as 25 percent, will be increased to 30 percent. The amount corresponding to 30 percent of the contributions paid to the individual pension account on behalf of the participants within the scope of the article will be calculated by the Pension Monitoring Center as a state contribution based on the information conveyed to the Pension Monitoring Center by the companies.

The President will be authorized to reduce this rate up to 10 percent for contribution payments made in foreign currency. Participants over the age of 45 can also be included in the automatic participation system upon request. The regulation made regarding the contributions paid to the BES will also be applied to the participants in the system. will be discussed. DHA

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