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  • f)

    The rights of the participants and of the beneficiaries when the respective collective membership to the fund terminates or any of the associates is wound up or withdraws from the fund, without prejudice to the provisions of the present law relating to non-payment of contribution by the associates;

  • g)

    Amount of contributions and their periodicity;

  • h)

    Number of fund units purchased;

  • i)

    The conditions under which the contracting parties reserve the right to

modify the membership contract;

  • j)

    The conditions for the transfer of the fund units of an associate or a group of associates to another pension fund, specifying the penalties as and where applicable;

  • l)

    Indication of the amount of applicable charges;

  • m)

    A declaration of acceptance of the fund management regulation.

  • 4.

    In the case of defined benefit or mixed plans, the membership contract shall contain, under the terms of Article 16, the actuarial valuation of the liabilities to be guaranteed and the respective financing plan.

  • 5.

    The plans mentioned in the preceding paragraph are subject to all the actuarial rules established in the present law.

  • 6.

    Whenever the information mentioned in the preceding paragraph 3, sub- paragraphs c) to f), i) and j) is contained in the management regulations, its inclusion in the membership contract may be dispensed with.

Article 21 (Right to withdraw from an open pension fund)

1. The contributor has a period of thirty days from the date of individual membership of an open pension fund to send a letter expressing withdrawal from the effects of the contract.

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