Facts

[A.], born on 21 February 1953, was insured with the Swiss Life collective pension foundation for occupational pension provision as an employee of C. On 19 September 2011, he informed this foundation that he wished to receive half of his retirement assets in the form of a lump-sum payment at the time of his retirement. Upon the takeover of the employer by B. AG, he joined the pension foundation of B. AG (hereinafter: the foundation) on 1 January 2012. At the request of the insured person or his lawyer, the foundation refused by letter dated 6 December 2012 the possibility of a partial lump-sum payment. [A.] was also insured with the foundation for early retirement in the main construction sector (FAR foundation) for supplementary pension provision. He terminated his gainful employment at the end of February 2013 and has since been receiving a "transitional pension" from the FAR foundation; it also pays an annual "LPP savings contribution". At the same time, the pension foundation transferred A.'s retirement assets to the LPP substitute institution.

Considerations

The Federal Court considers that the "old age" risk materialised at the end of February 2013 with the end of A.'s gainful employment. Although the FAR foundation pays a transitional pension and continues to pay into the insured person's retirement assets, this does not change the fact that…