What is a Premium Private Pension Plan?

Don't miss out on the personalized payment plan options and the privileges offered by the Allianz Premium Private Pension Plan! Premium Individual Pension Plan, which is among Allianz Life and Pension Plans, is an Individual Pension plan where you can start your individual retirement by paying the initial contribution and target a high amount of savings.

The Advantages of Premium Private Pension Plan

What is the Minimum Contribution in the Premium Pension Plan?

The minimum contribution amount for the Premium Private Pension Plan is 250 TL. The initial fund of the Premium Pension Plan is determined as 100,000 TL. The contributions of the Allianz Premium Private Pension Plan have monthly, quarterly, 6-monthly or annual payment options. Payment method such as credit card, bank account or direct debit order

Allianz Premium Private Pension Plan Deductions

Entry fee deduction can be applied to those who are within the scope of the Premium Pension Plan application. The entrance fee is valid as of the date of signing of the offer form and is determined over the monthly gross salary. The following conditions are taken into account for the entrance fee:

*75% of the monthly minimum gross wage for those who leave within 3 years as of the effective date of the contract,

*A deduction is made in the amount of 50% of the monthly minimum gross wage for those who leave their contracts, which have completed 3 years as of the effective date of the contract, before 5 years.

In the contracts where the entry fee is defined, all of the said fee is postponed until the date of transfer to another company or leaving the system. The entry fee is not deducted from the agreements for which the entry fee is not defined or the agreements that have completed 5 years as of the effective date.

Apart from the entrance fee in the Allianz Premium Private Pension Plan;

Management expense deduction on contribution fee,

Additional administrative expense deduction,

Management expense deduction is not applied over the savings.

What is Fund Total Expense Deduction Refund? How to Determine?

From the 6th year of the contract in the Allianz Premium Private Pension Plan, the fund is returned to the participant or the participant's pension account at the determined rates of the total expense deduction. As of 01.01.2021, the contract year and the return rates of the application are as follows:

*2.5% from the 6th year of the contract,

*For contracts between 7 and 14 years, increasing by 2.5% each year

*A 25% refund rate applies for 15 years and beyond.

For existing contracts:

When determining the return rate, the date of 01.01.2013 is accepted for the contracts in the system before 01.01.2013.

What is Government Contribution Control? What are the rates?

State contribution control, which is valid as of the 6th year of the individual pension contract, is provided over the total amount of the deductions made from the effective date of the contract until the expiry date. The total deduction amount for the state contribution is applied after the 6th year of the contract. The control to be provided starts as of 01.01.2021.

On the basis of each contract, the total amount of deductions to be made by the company from the effective date of the relevant contract to the contract expiration date cannot exceed the amount to be calculated over the amount found in the State Contribution account, if any, within the scope of the contract, using the rates in the table below.

The upper limit of the state contribution rates, which can change according to the contract year, is as follows:
6th Year of the Contract 60%,
7th Year of the Agreement 70%,
8th Year of the Agreement 80%,
9th Year of the Agreement, 90%
A 100% state contribution control rate is provided for the 10th year of the contract and beyond.

The cases where the state contribution control is not applied are as follows:

Contracts whose total amount of savings has exceeded 10 times the annual gross minimum wage since the date of control,
Contracts with irregular payment status at the time of exit from the system.

What is Irregular Payment?

After 01.01.2016, contributions can be accepted as irregular payments if they are not paid within 3 months after the payment date. Contracts within the scope of irregular payment are informed within 5 days from the date of this situation.

If the unpaid contributions of the contract within the scope of irregular payment are paid later, it is considered that regular payments have started for this contract.

Retirement Mutual Funds

Detailed information about pension funds for the savings you want to evaluate, You can reach it via Private Pension Mutual Funds.