When a member of the Personnel Fund passes away, their fund units are paid to the member's legal heirs (the estate). Below is a step-by-step guide on how the payment process works.
1. Notifying the fund
We do not receive information about a member's passing automatically.
The information must be provided to us separately either by the relatives or the employer.
2. Estate letter and instructions
Once we have been notified, we will send an estate letter to the member's home address as registered in the population register.
The letter is sent within approximately two weeks of receiving the notification and contains detailed instructions for the next steps.
3. Payout schedule and important recommendation
The fund units will be paid within four months of the valuation date following the date of death.
Important: We highly recommend keeping the bank account registered in the member's details open to facilitate a smooth and secure payment process.