What are the exceptions of using your personal asset?

The personal asset is used only to obtain an optional pension. The exception is the following:

the participant does not meet one of the necessary conditions, in which case he / she will receive the amount in his / her own account as a single payment or installments staggered over a maximum of 5 years, at his / her choice;
the participant benefits from invalidity pension under the conditions of Law no. 263/2010 on the unitary pension system, as subsequently amended and supplemented, in which case it may obtain:
the amount in his / her own account as a single payment or installments staggered over periods of up to 5 years;
a voluntary pension, the terms and conditions of which are set by a special law on the organization and operation of the pension payment system regulated and supervised by the ASF.
the death of the participant occurred prior to the filing of the application for an optional pension, in which case the amount in the account shall be paid to the beneficiaries, under the conditions and in the amount established by the individual act of accession and by the act of inheritance;
the death of the participant occurred after the entitlement to the voluntary pension was granted, in which case the related sums are paid to the nominee;
the death of the participant occurred after the entitlement to the voluntary pension was granted and he did not choose a type of voluntary pension with the survivor component, in which case the related sums are paid to the beneficiaries.

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