From now on the aasets on pension accounts will be inherited by legal successors in legal order.

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.