This thread has been very educational, and I add my thanks to the contributors.
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| The 27th October 2009 edition of the Swiss TV program "Kassensturz"...reports a tragic case.
...He had borrowed CHF 110k from his pension to buy a house. The pension fund says that the son and daughter do not get any pension capital. Son and daughter must sell house and repay the pension fund the borrowed money!
Hence, do not asume the pension fund will pay out capital of deceased. Not even the progeny have legal claim to get deceased's capital. | |
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Am I right in thinking this kind of thing is wholly dependent on the terms of the fund, which vary from case to case, and can be avoided by taking care to choose a fund with terms that do award capital to one's beneficiaries/survivors?