What are the consequences in the event of death?
| At the time of payment | The following years |
|---|---|
| The law will probably allow you to postpone the payment of the 'lump sum' if the commencement of your pension coincides with the month in which you reach your state pension age. Have you chosen to postpone and do you pass away after retirement, but before the payout? In that case, the reserved 'lump sum’ will not be paid out. The choice for 'lump sum' is reversed and your pension is restored to its original value. Your surviving relatives will receive the difference by means of a supplementary payment. |
Your choice for 'lump sum' has no influence on the amount of the survivor's pension for your partner. We always ask you to choose first whether you want to keep your survivor's pension or exchange it for a higher retirement pension. Do you opt for the latter? The ‘lump sum’ is then calculated on the higher retirement pension. |