State Contribution Cap Reaches 240,030 TL for 2024
State Contribution Cap Reaches 240,030 TL for 2024

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In 2024, to qualify for the maximum state contribution in Turkey’s Individual Retirement System, participants must make a minimum contribution of 240,030 TL. Contributions exceeding this threshold will have their additional amounts credited in the following years.

For instance, if an individual contributes 400,000 TL in 2024, they will receive a state contribution of 72,009 TL on the qualifying 240,030 TL. The remaining amount will yield an additional 47,991 TL in 2025, totaling a state contribution of 120,000 TL over two years.

Further details regarding state contribution entitlements are accessible through the BES Mobile application.

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