Life insurance

Upon retirement, members who have been affiliated to the life insurance scheme for at least five years prior to their retirement have the option to remain in the scheme.

The premium payable depends on age, gender and amount of insured capital and is deducted from your monthly pension.

You can:

  • modify the beneficiaries of the life insurance
  • reduce the insured capital by slices of 10 000 CHF
  • terminate the membership (no surrender value) with a 30 days notice

Related documents

Life insurance_Regulation provisions
Life Insurance_regulation provisions.pdf
Life Insurance_Reduction of the insured capital-Modification of the beneficiaries
Life Insurance form.pdf

FAQ

Can I modify my insured capital and, if so, how?

You can only reduce your capital (30 days notice). Please complete the form and return the original, signed in ink, to the Fund's Benefits Service. 

I would like to change the beneficiaries of my life insurance. How can I do this?

You should complete the form and return the original, signed in ink, to the Fund’s Benefits Service. 

I would like to terminate my membership of the life insurance scheme. How can I do this?

Please send, by post only, a signed resignation letter (giving 30 days’ notice) to the Benefits Service. 

Copyright © 2019 CERN

Disclaimer: The information contained on this website is provided for your convenience and to facilitate your understanding and interpretation of your pension rights and obligations. In the event of ambiguity or any inconsistency or conflict between the information provided on this website and the Fund’s Rules and Regulations, the latter will prevail. In particular, the decisions taken by the Fund will be based solely on the Fund’s Rules and Regulations.

Pursuant to a decision of the CERN Council on 17 December 2015, legally registered partnerships are treated as equivalent to marriage in determining family rights and obligations within the CERN pension scheme as from 1 January 2016.