What is the Individual Pension System?
One of the notable systems in insurance and a path chosen by many people recently is BES. BES, an abbreviation for the Individual Pension System, allows everyone to make a retirement plan. Therefore, whether it is a housewife or a person working in a different profession, a retirement plan can be made. Of course, certain conditions must be met to register for BES. With BES, which you can see as an investment and a retirement system, you can retire whenever you want.
How Does the Individual Pension System Work
In the BES system, you must pay your insurance premiums by depositing a certain percentage of your income into the bank you choose for ten years. Of course, it is a system that can be used by every person over 18 years of age. In addition, the state contribution can make people more courageous. As is known, the state contribution in BES is determined as 25%. After ten years, you can receive the premiums you have deposited as a lump sum, or you can receive them monthly through a pension system. In addition, you can also make fund investments from the premiums you have deposited.