The death of a loved one is associated with grief and pain. At the same time, one is confronted with numerous formalities. The following information is intended to help you take the necessary steps with the Novartis Pension Funds.
You may report the death of a retiree in writing or by telephone. Once the death has been reported, the pensions consultant assigned to you will contact you in writing and inform you of the next steps.
The current pension of the Novartis Pension Funds will be paid out for the last time for the month in which the death occurred.
The pensions consultant of Novartis Pension Funds will be happy to inform you about the requirements for claiming entitlement.
The provisions of the law regarding pension payments are as follows.
- Spouse’s pension (where applicable also for divorced persons)
- Domestic partner’s pension
- Orphan’s pension
Lump sum payments
If an insured person dies before reaching the age of 65, a lump sum on death will be paid out to the beneficiary.