Moni2402
Active member
The first thing you should know is that in these cases the rule that "your funds are yours" is met in all cases. That is why in the event of death, what you have saved will never become part of the assets of the pension fund manager, but can be received by those closest to you.
How does this work?
There are basically 2 alternatives that can occur with your pension savings in the event of death:
1. When the member dies, the members of his family group (spouse, children, mother or father of children of non-marital affiliation and in the absence of these, the parents) may be entitled to a survivor's pension.
2. Inheritance of the Pension Funds.
In the absence of survivor beneficiaries, pension funds are inheritable. For this it is important that your savings are not paid as a survivor's pension. . If they do not have beneficiaries, your savings constitute inheritance. In this case, your heirs may claim the right to your pension savings, following the necessary legal procedures, such as requesting effective possession.
As you can see, in the event of death before or during the pension, your pension savings will always be used to benefit those closest to you.
However, it is important to clarify that this also depends on the regulations established in each country.
How does this work?
There are basically 2 alternatives that can occur with your pension savings in the event of death:
1. When the member dies, the members of his family group (spouse, children, mother or father of children of non-marital affiliation and in the absence of these, the parents) may be entitled to a survivor's pension.
2. Inheritance of the Pension Funds.
In the absence of survivor beneficiaries, pension funds are inheritable. For this it is important that your savings are not paid as a survivor's pension. . If they do not have beneficiaries, your savings constitute inheritance. In this case, your heirs may claim the right to your pension savings, following the necessary legal procedures, such as requesting effective possession.
As you can see, in the event of death before or during the pension, your pension savings will always be used to benefit those closest to you.
However, it is important to clarify that this also depends on the regulations established in each country.