Private pension funds in Turkey totaled 9.906 billion Turkish liras (nearly $6.6 billion) as of May 7, the country's private pension funds watchdog said on Friday.
The total number of participants in the system increased to nearly 2,104,350 with 2,300 of them were eligible for retirement.
Private pension funds were 9.962 billion Turkish liras (nearly $6.6 billion) as of April 30 and the number of participants was 2,100,274.
Private pension funds were 9.86 billion Turkish liras (nearly $6.6 billion) as of April 16 and the number of participants was 2,084,000.
Private pension system was introduced in Turkey in October 2001 and it has seen a quick rise in the number of contributors and the size of total assets.
The total assets were 299.9 millon TL in 2004 and they were over $2 billion in 2007.
Below is an updated list of private pension companies in Turkey with number of participants and total funds (TL):
COMPANY NUMBER OF PARTICIPANTS FUNDS (TL)
Aegon Emeklilik ve Hayat 56,774 89,788,686
Allianz Hayat ve Emeklilik 58,063 456,913,218
Anadolu Hayat Emeklilik 463,068 2,138,005,801
Avivasa Emeklilik ve Hayat 317,996 2,148,823,172
Deniz Emeklilik ve Hayat 15,650 21,638,541
Ergo Emeklilik ve Hayat 11,932 27,165,549
Finans Emeklilik ve Hayat 27,435 26,797,366
Fortis Emeklilik ve Hayat 74,958 340,081,169
Garanti Emeklilik ve Hayat 425,946 1,449,721,505
Groupama Emeklilik 84,663 558,248,052
Ing Emeklilik 161,548 548,880,696
Vakif Emeklilik 132,897 579,406,357
Yapi Kredi Emeklilik 273,420 1,520,820,142
Total 2,104,350 9,906,290,252
AA
Last Mod: 15 Mayıs 2010, 09:56