Katılım Emeklilik's Corporate Pension Plans allow you to include all your employees in PPS with special conditions with an interest-free pension approach. This increases employee loyalty and your employees have the opportunity to receive regular additional income or a single lump sum payment during their retirement lives. Our corporate plans help you support your employees to realize their dreams for a peaceful future and ensure a secure and pleasant retirement period for them.
Pension plans offered to employers willing to pay contribution shares for their employees have more attractive conditions compared to those offered to individual participants. Special advantages such as lower management fees and entrance fees are provided, depending on certain criteria such as number of employees and participants of the group and total fund size.
PPS increases employee motivation, involvement and loyalty to the employer while ensuring additional income during their retirement periods. Additionally, sponsor employers can deduct the amounts paid on behalf of their employees from corporate tax base through direct write off up to 15% of monthly gross salary of each employee and up to annual gross minimum wage total.
Entitlement of employees participating in PPS with employer contribution to the title of such contribution amounts paid in their names after being employed by that employer for a certain period of time is called Entitlement Period implementation. This period cannot exceed 7 years from the date of entrance in group pension contract.
Advantages of Group Pension Plan:
- Ensures retaining the qualified employees.
- Increases employee motivation, involvement and loyalty to the employer.
- Decreases employees' concern for the future.
- Can be used as a reward.
Companies can pay contribution shares for their employees or members or alternatively, allow establishment of a group pension plan through gathering them without any employer contribution share. Group Based Private Pension Plans can contain more attractive conditions with special advantages such as lower management fees and entrance fees. In this way, companies ensure a more advantageous pension plan for the future of their employees and members. Group Based Private Pension Plans are offered to companies with number of employees exceeding a certain limit.
Employees can pay their contribution shares through their own payment means or companies can act as an intermediary by deducting this amount from their salaries. Furthermore, participants can include the Group Flexible pension Investment Fund in their plans, which offers better conditions for fund operational fee both for Employer Contribution and for Group Based Private Pension Contracts. Please visit.
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