Smart Step Income Drawdown Plan is a regular repayment option which can be chosen once the participant meets the criteria for retirement eligibility.
The Income Drawdown Plan enables you to utilize the savings in your pension account as a regular pension income. You can create a repayment schedule and timescale with Allianz Yaşam ve Emeklilik and the savings that remain will continue to be invested in pension investment funds as you continue to get paid your pension...
The flexibility ensured by the Private Pension Plan is also maintained by the Income Drawdown Plans.
The Income Drawdown Plan enables you to:
- Determine the amount, the period and the frequency of repayment.
- Revise your repayment schedule with respect to your needs and the changing conditions.
- Receive intermediary payment or suspend your payments whenever you need.
- Change your contracted company.