Regulatory Alerts2026-07-16
Added · Updated
Ordinance No. 52 of 16.07.2026 on the Procedure and Method for Deducting Fees under Articles 123z, 201, and 256 of the Social Security Code Collected by Pension Insurance Companies
This Ordinance establishes the calculation methods and payment deadlines for investment fees and payment processing fees collected by pension insurance companies managing professional pension funds, universal pension fund sub-funds, and additional voluntary pension funds. It mandates that investment fees be calculated daily based on net asset values and realized income, with specific formulas applied for positive returns and adjustments for rate changes during the year. Payment obligations must be settled by the fifth working day of the following month and approved monthly by the legal representatives of the managing company. The regulation repeals the previous Ordinance No. 52 of 2016 and enters into force on January 1, 2027.