We will pay your pension on the 25th of each month to a bank account in Switzerland, or another country that you have indicated.

Please notify us in writing of any change to your bank details, stating the following information:

• Bank
• IBAN or account number
• Clearing number

If you request transfers to a country that does not use the IBAN standard for processing payments, please note that the transaction costs and exchange rate fees must be borne by you. Payments from the Pension Fund are always made in Swiss francs.

When making transfers abroad, tax at source may become due depending on the destination country. You can reclaim this tax if a double taxation agreement exists between Switzerland and this country of domicile.

Death

In the event of the death of a pension recipient, surviving dependants are entitled to survivors' benefits.