Q&A

When an employee moves from one jurisdiction to another, they will be able to transfer their pension funds and, when they retire, they will be able to receive a pension amount based on the entire amount of their accumulated funds. Once the personal account is empty, the individual pension will be 100 percent funded from the social account. In the event that the individual dies before the amount in the personal account is used up, it is possible for the relatives to inherit the remaining balance.