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TR
A Solution for the Aged Turkish Social Security System: Private Pension Funds
Abstract
Turkish social security system with its mandatory, state-owned, and pay-as-you-go nature exerts an
additional burden on the ailing Turkish economy. The current pension system generates a deficit
about 4% of GNP. The Turkish Parliament approved a new private pension plan in April, 2001
allowing Turkish citizens to accumulate their pension benefits in private investment funds. Private
pension funds in Turkey are expected not only help to establish a financially sound pension system
and provide benefits for the Turkish workforce but also stimulate and deepen the capital markets,
thereby lowering volatility in Turkish asset prices. This study aims to compare key parameters of
major pension systems in both developed and developing countries and then provide forecasts about
the future of the infant Turkish private pension system by overlooking the historical pension
performances of Latin countries.
Keywords
Details
Primary Language
English
Subjects
Business Administration
Journal Section
Research Article
Publication Date
May 1, 2005
Submission Date
September 10, 2014
Acceptance Date
-
Published in Issue
Year 2005 Volume: 4 Number: 13
APA
Teker, O. M., & Teker, S. (2005). A Solution for the Aged Turkish Social Security System: Private Pension Funds. Elektronik Sosyal Bilimler Dergisi, 4(13), 16-38. https://izlik.org/JA22YS56DL
AMA
1.Teker OM, Teker S. A Solution for the Aged Turkish Social Security System: Private Pension Funds. esosder. 2005;4(13):16-38. https://izlik.org/JA22YS56DL
Chicago
Teker, Onur Müminoğlu/suat, and Suat Teker. 2005. “A Solution for the Aged Turkish Social Security System: Private Pension Funds”. Elektronik Sosyal Bilimler Dergisi 4 (13): 16-38. https://izlik.org/JA22YS56DL.
EndNote
Teker OM, Teker S (May 1, 2005) A Solution for the Aged Turkish Social Security System: Private Pension Funds. Elektronik Sosyal Bilimler Dergisi 4 13 16–38.
IEEE
[1]O. M. Teker and S. Teker, “A Solution for the Aged Turkish Social Security System: Private Pension Funds”, esosder, vol. 4, no. 13, pp. 16–38, May 2005, [Online]. Available: https://izlik.org/JA22YS56DL
ISNAD
Teker, Onur Müminoğlu/suat - Teker, Suat. “A Solution for the Aged Turkish Social Security System: Private Pension Funds”. Elektronik Sosyal Bilimler Dergisi 4/13 (May 1, 2005): 16-38. https://izlik.org/JA22YS56DL.
JAMA
1.Teker OM, Teker S. A Solution for the Aged Turkish Social Security System: Private Pension Funds. esosder. 2005;4:16–38.
MLA
Teker, Onur Müminoğlu/suat, and Suat Teker. “A Solution for the Aged Turkish Social Security System: Private Pension Funds”. Elektronik Sosyal Bilimler Dergisi, vol. 4, no. 13, May 2005, pp. 16-38, https://izlik.org/JA22YS56DL.
Vancouver
1.Onur Müminoğlu/suat Teker, Suat Teker. A Solution for the Aged Turkish Social Security System: Private Pension Funds. esosder [Internet]. 2005 May 1;4(13):16-38. Available from: https://izlik.org/JA22YS56DL