8 Lump sum payable on death (Art. 18)

Entitlement to a lump sum payable on death is based on the regulation valid at the time of death. A claim under Art. 16 Para. 3 of the regulation that was applicable up to 30 June 2017 is no longer valid.

In case of insured persons, who have been credited to the supplementary account with vested early leaver benefits not used for buying in in accordance with the regulatory provisions applicable until 31 December 2019, such vested early leaver benefits are also taken into account for the calculation of the lump sum payable on death, such as the buy-ins in accordance with Art. 8 Para. 2 etc.