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Statistics
 
Pension Funds head towards 7 billion TL

14/04/2009

Statistics published by the EGM (Pensions Monitoring Centre) show that in the BES pensions system in Turkey is heading towards another psychological barrier.

The number of participants broke through the 1.75 million limit in January 2009, and now total Funds Under Management are rapidly approaching 7 billion TL.

At 3 April 2009 total FUM in the BES system amounted to 6,949 million TL.

Progress since the start of the calendar year shows that the BES system is bucking the current crisis:

 

  02.01.09 30.01.09 27.02.09 31.03.09
Participants in the system 1.747.086 1.754.778 1.761.998 1.784.260
Retirees 374 421 511 611
Funds under management '000 TL 6.405.294 6.552.129 6.619.290 6.878.378

 

Click here for some commentary on the performance of individual companies.

 

Tags: BES | FUM |
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