According to the Presidential Annual Program 2020, which consists of more than 40 pages and its aims and plans on various topics are shared, the current situation of automatic participation in private pensions will be transformed into a complementary pension system.
The program, which was prepared by the Ministry of Treasury and Finance and the Strategy and Budget Presidency, included the developments and basic indicators in the world economy as well as the targets of 2020 on economic developments, growth, employment and investments.
According to the Presidential Annual Program, which consists of 403 pages and aims and plans are shared in various topics, automatic participation in private pension will be transformed into a complementary pension system.
State subsidy provided will differ with various circumstances in age, marriage, health and education, and the possibility of withdrawing cash without leaving the system will be available. State subsidy on private pensions to young adults is expected to increase.