Measuring the Performance of Private Pension Companies in Türkiye by Gray Relational Analysis Method

The private pension is a system designed to maintain an income level during passive periods by utilizing the earned active working years. It complements mandatory retirement systems of public sector and based on voluntary participation structure. Additionally, it serves as investment savings tool with ability provide long-term funds. legislation for was enacted in Türkiye 2001, implemented 2003. In addition, government contribution program initiated promote 2013. An automatic enrollment introduced 2017. effectiveness performance individual companies play significant roles system. This study aims measure operating using gray relational analysis method, which effective measurement years 2016–2022. Subsequently, results, recommendations will be provided.