Farmers Pension Savings Claim for a Minor
| Q: |
If a farmer passes away before fully withdrawing their farmer retirement savings, can a minor heir claim the remaining funds? |
| A: |
Yes. |
| Q: |
What is the procedure for a minor heir to claim the funds? |
| A: |
The legal representative must sign/ seal the application form and submit it, along with documents proving the familial relationship, to the Bureau of Labor Insurance. |
| Q: |
Can labor pension and farmer retirement savings be claimed at the same time? |
| A: |
Yes. |
| Q: |
When are farmer retirement savings paid out? |
| A: |
After the application is approved, the Bureau of Labor Insurance will issue the payment by the end of the month following the month in which the application is received. |
| Q: |
Is there a means test for farmer retirement savings? |
| A: |
No. |

