As part of our efforts to continuously improve the benefits for our insured persons and their surviving dependents, we are introducing further innovations with the 2024 Pension Fund Regulations that will set us apart from the market environment. The most important changes are:

Lump sum payable at death for retirement pension recipients
The surviving dependants of a pensioner who dies in the first three years of receiving a pension will now receive a lump sum payable at death. Retirement pensions received and prospective spouse's and partner's pensions are taken into account, but not children's pensions. This lump sum lapses after the pension has been received for three years. This innovation clearly sets us apart from other collective and communal institutions.

Lump sum payable at death for disability pensioners
In a fundamental change, the surviving dependants of a deceased disability pensioner will now receive a lump sum payable at death and any additional lump sum payable at death. Until now, there was no entitlement to this benefit.

Lump sum payable at death in case of deferred retirement
Surviving dependants of a deceased insured person who worked beyond the reference age are now also paid a lump sum payable at death less the current value of the prospective spouse's or partner's pension.

The amendments will enter into force automatically with the new pension fund regulations. Insured persons and affiliations do not have to do anything to benefit from this.

We are convinced that these innovations in the market will create added value for our insured persons. 

You will find our new 2024 Pension Fund Regulations and the explanations of the changes compared with the previous year and the explanatory comments at:
www.profond.ch/en/provision.