Syngenta Pension Fund Switzerland – Benefits in case of unforeseen circumstances

Designation of beneficiaries by insured members

If an active insured member or a recipient of a retirement or disability pension dies before reaching the age of 65, a lump sum on death is paid out to the entitled beneficiaries. Insured members can designate the sequence of beneficiaries themselves within certain limits.

In the event of death of an insured member of the Syngenta Pension Fund before the age of 65, a lump sum on death is paid out amounting to double the annual insured disability pension.

Insured members may file a written amendment to the sequence of beneficiaries with the Pension Fund. This means that on the one hand additional persons supported by the insured person in the years leading up to death can be designated beneficiaries and, on the other, the formula for distribution between the beneficiaries can be changed in part.


When is a lump sum on death paid out?
The lump sum on death is paid out in the event of death before the age of 65.

How high is the lump sum on death?
The lump sum on death amounts to 200 percent of the insured disability pension plus the savings of the incentive/bonus insurance and the shift insurance as at 31 March 2004, as well as the voluntary extra contributions paid into the retirement account since 1 April 2004 plus the savings accumulated in the capital plan per 1 January 2018 transferred into the retirement account per that date.

What happens on the death of an unmarried insured person?
If an unmarried insured person dies, the beneficiaries receive a lump sum on death.

More information

Download the file 'Regulations of Syngenta Pension Fund' and refer to 'Death, Art. 14, 15, 16, 17'

Explanation of terms

Beneficiaries: If there is no entitlement to a spouse‘s or domestic partner’s pension, the following persons are entitled to the lump sum on death regardless of inheritance law:

a) Spouse. Children who are entitled to an orphan’s pension

b) Supported persons incl. domestic partners

c) Other children, in their absence the parents or in their absence the siblings of the deceased

d) Other legal heirs

Within certain limits, the sequence of beneficiaries may be amended in a written communication to the Pension Fund.