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Old 22.09.2017, 18:21
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Re: 2nd pillar - can't be assigned to parents

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Hi all, I've just been informed that should I pass away suddenly, as a single person with no kids, although there should be a lump sum payout, this will not happen. Apparently this payout is only to spouse or children according to the law. Anyone out there with advice?
Thanks!
Hi Mike,

I can confirme that if you dont have a wife/partner (someone who depends on youth support themselves) or kids then money will go to parents. if no parents then brothers and sisters and then others. If no one then to the canton :-)

thats the law and pension funds can't say other wise! they can decide on the definition of what is a life partner or not but thats it!
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Old 22.09.2017, 18:23
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Re: 2nd pillar - can't be assigned to parents

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An insurance company paying past claims with todays premiums is clearly insolvent.
That's a little simplistic.

Insurance companies may take on debt to pay claims, or dip into some other reserve, or trigger reinsurance - they then repay or refill this from current premiums, which get put up if their previous underwriting estimates were too optimistic.

But you're right that it isn't a pyramid scheme, or state pension, type approach.
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Old 22.09.2017, 21:01
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Re: 2nd pillar - can't be assigned to parents

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Hi Mike,

I can confirme that if you dont have a wife/partner (someone who depends on youth support themselves) or kids then money will go to parents. if no parents then brothers and sisters and then others. If no one then to the canton :-)

thats the law and pension funds can't say other wise! they can decide on the definition of what is a life partner or not but thats it!
It's not law, it's at the discretion of the pension fund trustees.
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Old 22.09.2017, 21:20
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Re: 2nd pillar - can't be assigned to parents

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Hi Mike,

I can confirme that if you dont have a wife/partner (someone who depends on youth support themselves) or kids then money will go to parents. if no parents then brothers and sisters and then others. If no one then to the canton :-)

thats the law and pension funds can't say other wise! they can decide on the definition of what is a life partner or not but thats it!
Dear Abu,

Here the link to the actual law:

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It can be paid out to parents and any other legal heirs - the law however leaves this as an option up to the discretion of the pension fund and its reglement, not up to you - https://www.admin.ch/opc/de/classifi...ndex.html#a20a

Maybe don't be single and get kids
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