Pension Funds/Opinions/Pensions and benefits

Beneficiaries in the event of death and acquired rights

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1. In the event of the member's death, the value of the pension fund that corresponds to the member's own contributions must be attributed to the other legal (legitimate) heirs, and not exclusively to the legal guardians, respecting the principle of freedom of disposal of property in its 'mortis causa' aspect.

2. In cases in which the articles of association do not exclude from the fund the participants who cease to be linked to the member, the possibility for them to transfer the value to which they are entitled to to another pension fund must be respected, in accordance with the provisions of paragraph 2 of article 9 of Decree-Law no. 12/2006.

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