A Turkey pension and retirement calculator projects the pot you could build through the two pillars of Turkish retirement saving: the compulsory SGK state scheme and the voluntary BES private pension. It is built for employees who want a single, realistic estimate of their retirement balance and monthly income, factoring in the contribution rates set by law and the generous 25% government top-up that makes BES so attractive.
How it works
The tool projects two streams. For SGK, it applies your combined pension contribution rate (employee ~9% plus employer ~11% of gross salary by default) and compounds those contributions month by month at your assumed investment return, producing a notional state-pension pot. Because the real SGK pension is a defined-benefit formula rather than a personal fund, this figure is an approximation designed to be comparable with private savings.
For BES, it takes your monthly contribution, adds the 25% state top-up — but only up to the annual cap of ₺4,680 — and compounds the combined amount each month. At retirement it sums both pots and converts them into an indicative monthly income by drawing the balance down over your expected retirement years at your assumed return.
BES invested each month = your contribution × 1.25, until the 25% top-up reaches ₺4,680 for the year.
Worked example
Suppose you earn ₺40,000/month, are 30, and retire at 60, contributing ₺1,500/month to BES at a 30% assumed return over 30 contributing years. The government adds 25% to your BES money (capped yearly), and the SGK pension share compounds alongside it. The tool then spreads the combined pot over, say, 20 retirement years to show an indicative monthly income. Adjust any input — salary, BES amount, return, ages — and the pots and income update instantly. All maths runs in your browser and nothing is stored.