If you die before reaching the state retirement age, there will be paid a lump sum to the estate of the deceased person to the deceased person's NemKonto.
The amount is the equivalent of half of your contributions to SUPP and is increased by a certain interest rate each year. If you die before reaching the state retirement age, the lump sum can never amount to less than your savings as of 31 December 2012.
Please note that there will be deducted 40 per cent in taxes to the state before the money is paid.
If you die after reaching the state retirement age.
If you die five years after reaching the state retirement age, your surviving dependants will also be paid a lump sum. The lump sum gradually decreases from when you reach the state retirement age to five years from that date.
There will not be paid any amount if you die five years after having reached the state retirement age.
The rules were changed on 1 January 2013, and the payment of lump sums after reaching the state retirement age only applies to those who were born in 1948 or after. If you were born before 1948, there will not be paid a lump sum if you die after become an old-age pensioner.