ZUS Contributions Inheritance: What You Must Know

After the reform of the pension system in 2014, a part of the pension contribution shall be transferred to a sub-account in ZUS. This transformation, often known as Open Pension Fund liquidation (OFE), signifies that the cash collected there’s inherited after the loss of life of the insured particular person.

ZUS confirms that many Poles aren’t conscious of the potential for proudly owning these funds, though consciousness of this subject has elevated barely in recent times.

Inheritance of ZUS contributions after the deceased

The process for receiving cash from ZUS will depend on whether or not the deceased entered the so-called details about members of the family who’re entitled to cash from the sub-account. In that case, ZUS will contact the named members of the family and inform them of the potential for paying cash. They solely have to submit one software.

Nonetheless, if the knowledge was not obtainable, the matter turned extra difficult. Then the inheritance proceedings offered for within the Civil Code come into play, and the heirs should attain an settlement on this matter.

It’s price remembering about the potential for proudly owning the cash collected on the ZUS sub-account, in order to not lose the chance to get better a part of the pension contribution.