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Who receives what benefits?

What benefits does comPlan provide? What do insured members receive in the event of departure, retirement, disability or death? A brief and simple explanation of all of comPlan’s benefits.

Upon departure

 

Vested benefits rights adjustment

 

Transfer to new pension fund

When starting a new job, let us know the bank details for your new employer's pension provider as soon as possible so that we can transfer your departure payment. Your capital will be transferred within 30 days of your departure/notification. If you do not meet the eligibility criteria for your new employer’s pension fund we will transfer your pension capital to an account or a vested benefits foundation policy. 

 

Transfer to vested benefits foundation

 

Payout in the event of self-employment

 

Payout in the event of emigration

 

Payout of small amounts

 

In the event of retirement

 

Retirement pension

 

Retirement-linked children’s pension

 

Capital withdrawal

 

Early retirement

 

Partial retirement

 

Adjusting for inflation

 

Pension payments

 

In the event of disability

 

Disability pension

 

Disability-linked children's pension

 

Disability old-age pension

 

Withdrawing disability pension capital

 

IV advance payment

 

Adjusting for inflation

 

Pension payments

 

Bereavement

 

Spouse’s pension

 

Partner’s pension

 

Lump sum payable on death for married persons

 

Lump sum payable on death for unmarried persons

 

Orphan’s pension

 

Adjusting for inflation

 

Pension payments

All details accurate as of December 2018. Subject to change. The provisions of the pension regulations apply in any case.