While persons with the capacity to exercise civil rights and anyone over the age of 18 can participate, persons under the age of 18 can participate as a participant with the signature of a legal representative.

• State Contribution is the amount paid by the state to the participant's pension account in a certain proportion to the contributions paid by the participant and is applied as 30%.
• Every Turkish citizen and blue card holders who have a private pension agreement can benefit from the state contribution, no action is taken in this regard, and regular payments are automatically credited to the agreement by the state. (Except for participants included in the employer group pension plan)

Individuals who turn 56 and stay in the PPS for a minimum period of 10 years are eligible for private pension. When you decide to retire and submit your application, the savings you have made so far are calculated. Your savings vary according to the contributions you pay, the state contribution and the returns on your funds. The duration of your stay in the system and the fund allocation you choose affect your fund returns. Payments can be made in two ways. You can receive your PPS savings by choosing one of the following options.

• Private Pension Lump Sum Payment

Your calculated savings will be deposited into your account in a similar way to the severance pay given when retiring at the Pension Fund or Social Insurance Institution.

• Private Pension Salary Payment

You can receive your savings on a salary basis within certain periods. You can receive your savings monthly, quarterly, semi-annually or annually. You should also keep in mind that you have the right to change the payment periods 2 times a year. In other words, once you have decided to receive quarterly payments, you can update your payment plan on a monthly or semi-annual basis throughout the year.

Contribution payments may be suspended during the term of the pension agreement; if no payment is made to the relevant account within three months following the payment date of the contribution not paid on due date, it is deemed to be suspended in the relevant agreement.

It is possible to have more than one pension agreement in the same company or in different companies.

To increase the welfare level of individuals by providing them with an additional income during retirement by directing their retirement savings towards investment, to increase employment by creating long-term resources for the economy and to contribute to economic development, as a complement to the Social Security System.

The rate of entitlement to state contribution varies according to the length of time spent in the Private Pension System.