Is Private Pension Mandatory?

Is Private Pension Mandatory?

How Will the Foreign Exchange Market Progress?

According to recent explanations regarding private pensions, which have been a topic of curiosity lately, mandatory participation in the system has been introduced for employees under the age of 45 and those who have recently started working. They will be automatically included in the Private Pension System (BES). However, it should be known that only participation is mandatory, and individuals can exercise their right to withdraw from the system within 2 months, without any deductions from their paid contributions, if they wish.

The foreign exchange market has always been the best indicator of economic tension. At this point, it becomes a more predictable market with low foreign exchange volatility. Based on the necessity of economic revitalization through interest rates, an interest rate policy that supports this will be followed. According to expert statements, it is expected that interest rates will follow a downward trend to the extent that the conjuncture allows.