Payment of pensions from the mandatory pension fund


When he acquires the conditions for the pension, the insured person transfers his capital from the pension fund of which he has been a member until then to the pension insurance company. The insured person concludes a contract with the pension insurance company on payment of the pension in one of 2 possible forms: individual or common pension, each of which can be lifelong or lifelong with the guaranteed period of payment. 

If a member of the mandatory fund dies before he started to use the pension, the assets saved on his personal pension account are inheritable and will belong to the legal inheritors. For more on inheriting the assets from the mandatory pension insurance, check: link na: for members / members mandatory funds / inheriting the assets