- add the specified person to the capital of the occupational pension within 198 working days;
- paid to the heir within 24 working days.
The service is provided with mediation by a notary
The State Social Insurance Agency (SSIA), after registration of the fact of the death of a member of the pension level 2, taking into account the expressed choice of the member of the deceased pension level 2, the capital of the occupational pension:
- add the specified person to the funded pension capital after the date of registration of the deceased pension level 2 member's death in the SAA;
- shall be paid to the heirs in accordance with the procedures specified by the Civil Law after receipt of the Certificate of Succession and the submission to the Heirs can decide whether to receive that capital
in cash, transferring it to a designated account or adding it to your Tier 2 pension capital.
In order to request a service for a natural or legal person, an application addressed to the VSAA for the receipt of the capital of the deceased pension level 2 in accordance with the procedures specified in the Civil Law shall be submitted through a notary.
A submission by a natural person, if the accumulated funded pension capital of the deceased is added to the funded pension capital of the specified person, the VSAA shall not be required.
Receipt of services
A person may obtain a decision:
• by post.
The VSAA shall inform the State Occupational Pension Scheme (Pension Level 2) of the addition of the capital of a member of the deceased pension level 2 in the statement of the Member's account.
The Tier 2 capital of inherited pensions shall be transferred to the account of the heir credit institution.