Auto-Enrollment for the Employers (Automatic PPS)
AUTO-ENROLLMENT STEPS
Pension Company
of the Funds
Amount
Facility
| WHY SHOULD YOU PREFER AgeSA AUTO-ENROLLMENT? |
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| Specialist and Experienced Team • The opportunity to work with the sector leader in terms of the total net asset value of fund which is preferred by more than 2000 companies • The specialist team which is formed for you • The prevalent and multiple distribution network which always stands by you • The largest Corporate Sales Team across the country and different business units according to the areas of specialization • Effective support service by virtue of the Corporate Service Center which is specific for you |
| Operational Convenience By Means of the Digital Solutions • The platform by means of which you can complete all your Auto-Enrollment application and collection processes via the Bi’Tıkla Automatic Corporate and the platform which provides the leading Human Resources solutions of the sector In terms of the employers which prefer AgeSA in Auto-Enrollment, the opportunity to integrate the Auto-Enrollment application and collection processes with the Payroll products of Logo Yazılım, Netsis, Luca and Microsoft “Dynamics NAV” / “Dynamics 365” By means of the PPS Auto-Enrollment Module which works in integration with the Payroll solutions of Logo Yazılım, Netsis, Luca and Microsoft “Dynamics NAV” / “Dynamics 365”; • You can manage the application process of the contracts by requesting the AgeSA Auto-Enrollment contract on behalf of your current and newly recruited employees, • You can prepare the gathered collection lists, you can grant collection approvals and you can manage all collections in connection with the contracts, • You can query the final status with regard to the relevant collection period of your employees to whom the collection imposition will be executed. |
| Advantages For Your Employees • Your employees can benefit from many discounts and advantages which are specific for AgeSA clients by virtue of the membership of AgeSA Bi’dolu. Please click for detailed information. • Your employees can easily execute their transactions with respect to their Auto-Enrollment contracts online via the Bi'Tıkla Automatic Personal. |
WHAT ARE MY LEGAL OBLIGATIONS?
Every employer involved in the Auto-Enrollment system is obliged to contract with a pension company on behalf of its employees and to include employees who meet the criteria in the legislation.
In order allow their employees to be included in the system, the employer shall compile and notify to the pension company all necessary information pursuant to law and sub-regulations and it the employer shall update these information on a monthly basis.
The employer shall deduct from the salaries of the employees a minimum 3% of premium based earnings or monthly pension deduction based pay and this amount shall be transferred to the pension company no later than the following business day after the date of the employee's salary paid.
| PLEASE DO NOT FORGET THE FOLLOWING MATTERS | |
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| In the case where you do not comply with the obligations which are determined in terms of the employer and the legislation to be enforced within the scope of Auto-Enrollment, the administrative penalty of 100 TL shall be applied by the Ministry of Labor and Social Security for each violation. | In the case where you deposit the contribution amount to the pension company late or you transfer this amount late or you fail to transfer this amount, you shall be held responsible with regard to the monetary loss which occurs in terms of the savings of your employee. |
| WHAT SHOULD I DO IN ORDER TO PARTICIPATE IN THE SYSTEM? | |
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| You may receive our proposal which will be prepared specifically for you by only entering your company and communication details via the Receive Proposal application within a few minutes and via e-mail. | Meanwhile, by means of the Participate Automatically screen, you can complete your application transactions by entering the number of the proposal which was previously generated by you. Thus, you can swiftly include your employees to the scope of the Auto-Enrollment. |
