ArmInfo. In the case of death of any participant of cumulative pension system, even if by that moment he/she haven't reach the retire age, all the assets allocated on his cumulative account will be inherited by legal successors in legal order.
According to the information of Nork Social services Center Information Unit, legal successors are eligible to get the assets cumulated as a lump sum. The assets mentioned could be allocated also to the pension account of tlegal successor.
To get the pension cumulative sums of the person passed away, the legal successor should submit an appropriate application to the roster of system participants not later than in one year term since the date of obtaining heritage rights, in written by post office or personally ( attaching the heritage right statement copy). The facilities are subject to be paid off from the account within 10 business days since the date such application has been submitted.
