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Pension Fund Regulations Duoprimat Valid from 1 January 2026
Pension Fund Regulations Duoprimat Valid from 1 January 2026
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Art. 18 Lump sum payable on death

1 Upon the death of an insured person before retirement or a recipient of a disability pension before the reference age, a lump-sum death benefit is paid to the survivors, irrespective of the right of inheritance, in the following order:
  • the spouse; in the absence of such,
  • the partner who has lived in an uninterrupted partnership with the insured member for the last five years prior to their death (no shared official place of residence required) or persons who received substantial assistance from the insured member (with the exception of divorced spouses); in the absence of such,
  • all children of the deceased; in the absence of such,
  • their parents; in the absence of such, their siblings.
2 The amount of the lump-sum death benefit payable to the beneficiaries pursuant to Para. 1 lit. a to c cor­re­sponds to 100% of the retirement savings, reduced by the cash value of all death benefits, but at least 100% of the last insured salary, plus:
  • buy-ins in accordance with Art. 8 Para. 2 (without interest), retirement credits in excess of “Standard” in accordance with Art. 7 Para. 4 (with interest) as well as personal financing of the retirement pension shortfall due to early retirement in accordance with Art. 11 Para. 1 (without interest);
  • less early withdrawals for financing residential property ownership and payments of pension compensation in the context of a divorce made during the insurance period at the Pension Fund and not yet repaid.
3 For beneficiaries pursuant to Para. 1 lit. d, the amount of the lump-sum death benefit cor­re­sponds to:
  • buy-ins in accordance with Art. 8 Para. 2 (without interest), retirement credits in excess of “Standard” in accordance with Art. 7 Para. 4 (with interest) as well as personal financing of the retirement pension shortfall due to early retirement in accordance with Art. 11 Para. 1 (without interest);
  • less early withdrawals for financing residential property ownership and payments of pension compensation in the context of a divorce made during the insurance period at the Pension Fund and not yet repaid.

In case of partially retired and partially disabled persons, Art. 10 Para. 2 and Art. 21 Para. 3 apply analogously to the calculation of the lump sum payable on death (with regard to insured salary, buy-ins, withdrawals for financing residential property ownership etc.).

4 In the event of death during the pension deferral period (Art. 10a), only entitlement to the lump-sum death benefit arises, unless survivors’ benefits (except Art. 15(7)) become payable at the same time. The amount of the lump-sum death benefit is determined in accordance with paragraph 3.
5 There is no entitlement to a lump sum payable on death for beneficiaries as per Para. 1 b if they receive a spouse’s or partner’s pension from another Pension Fund. Furthermore, beneficiaries as per Para. 1 b are only entitled to the lump sum payable on death if the deceased reported their partnership to the Pension Fund using the form provided or submitted a written beneficiary declaration for the person receiving significant support from the insured member during their lifetime to the Pension Fund.