Employees are provided with special advantages through the IGES, where the employer pays contributions on their behalf, considering the secure future of its employees.
What is the Scope of Employer Group Pension Contract (IGES)?
With the Employer Group Pension Plan, organisations increase the standard of living of their employees and ensure employee happiness. With the IGES, the motivation and loyalty of the employees whose retirement is planned is increased, and the contributions paid on behalf of the employee can be deducted from the company's corporate tax base at a certain rate.
Vesting Period;
Employees who are included in the Private Pension System with corporate contributions are entitled to the contributions paid by their employers on their behalf after working in that company for a certain period of time, which is called the vesting period. This period cannot exceed 7 years from the date of entry of the participant to the Group Pension Contract and the vesting period is determined by the institution.
