A new era in retirement: Supplementary system is coming

Turkey is preparing to make a fundamental change to its pension system. Developed within the scope of the Medium-Term Program, the Supplementary Pension System (TES) aims to reduce income loss during retirement and maintain individuals' living standards. This system aims to provide long-term contributions to the economy by increasing individual savings.

One of the most notable features of TES is the 30% contribution incentive to be provided by the state. This incentive aims to increase employee participation in the system and ensure they accumulate more savings in the long term.

SGK expert Emin Yılmaz stated that while a full withdrawal from TES will not be possible, the option for partial withdrawals will be offered for certain special circumstances. In cases such as marriage, purchasing a home, educational expenses, or natural disasters, it will be possible to withdraw up to half of the accumulated funds.

Yılmaz announced that the Supplementary Pension System is planned to be implemented in the final quarter of 2025. This process will offer employees the opportunity to re-evaluate their retirement plans and join the system. While the legislative process and details of the system are being closely monitored, this new model is expected to make significant contributions to economic and social life.