FGDSPP Guarantees Privately managed pension funds
The guarantee scheme includes all privately managed pension funds (Pillar II), authorized by the FSA. which offers a guarantee imposed by law according to Art.135, paragraph (2) of Law 411/2004, with subsequent amendments and completions: “(2) The total cumulated amount for the private pension may not be less than the value of the contributions paid, diminished with transfer penalties and legal fees. On this date, the pension funds that offer guarantees to participants and beneficiaries are the following:
FGDSPP Guarantees Optional pension funds
The guarantee scheme includes all voluntary pension funds (Pillar III) authorized by ASF, which offers a guarantee assumed through the prospectus of the voluntary pension scheme based on Law 204/2006 with subsequent amendments and completions. On this date, the pension funds that offer guarantees to participants and beneficiaries are the following:
FGDSPP Guarantees Occupational pension funds
The guarantee fund compensates for the losses of participants and / or beneficiaries of private pension funds, both during the period of accumulation of contributions and after the opening of the pension right, due to the inability of pension administrators or providers to honor their obligations and ensures the payment of rights. participants or beneficiaries of occupational pension funds. At this time there are no occupational pension funds that offer guarantees to participants and beneficiaries.