(Individual Pension System in Turkey: Modeling and Evaluation of Development)

Abstract

Purpose – This study, which examined the general lines of the private pension system is being implemented in Turkey, the change in the number of participants and was conducted in order to reveal the development of the private pension system accordingly. The change in the number of participants has been examined as three periods. Regarding these periods, evaluations were made about the development of the Private Pension System. Design/methodology/approach – In this study, the development model of the Private Pension System is tried to be estimated. In this analysis, the number of participants from the data shared publicly by the Pension Monitoring Center was used. Findings – As a result of the regression analysis conducted for the periods covered in the study, it was determined that the number of participants, in general, showed a positive development in the first two periods. However, according to the previous period, the number of participants showed a negative performance towards the last months of the third period. Discussion – The positive number of participants in general and the development of the Individual Pension System are partly similar to the results of other studies in the literature.