The collection process of old-age insurance money after the death of the elderly

The specific receiving process is as follows:

1, you can get the money and interest you paid, which is a personal account.

2. Provide relatives' ID cards, household registration books, death certificates or cremation certificates, and endowment insurance manuals. If there is a unit, it shall be handled by the unit; If there is no unit, it shall be handled by the local social security center.

3. If you die before retirement and have a unit, you can also apply to the unit for funeral expenses and pensions. If you don't have a unit, you don't have one.

If a person dies after retirement, the balance of his personal account (after deducting the part he has received) can be refunded, or he can apply for funeral expenses and pension from social security.

The calculation method of endowment insurance payment base is as follows:

1. Upper limit of payment base: According to national regulations, the upper limit of the payment base of endowment insurance in public institutions is three times the average monthly salary of local employees in the previous year. If the salary of the insured exceeds the local average wage level, the payment base cannot exceed this upper limit. For example, the average monthly salary of employees in a certain place is 5,000 yuan, then the upper limit of the endowment insurance payment base of public institutions is10.5 million yuan;

2. Lower limit of payment base: According to national regulations, the lower limit of payment base of endowment insurance in public institutions is 60% of the local minimum wage. If the insured's salary is lower than the local minimum wage, the payment base cannot be lower than this lower limit. For example, the minimum wage in a certain place is 2,000 yuan, then the lower limit of the endowment insurance payment base of public institutions is 1200 yuan;

3. Determination of payment base: The payment base of endowment insurance in public institutions is generally determined by the unit and the insured. Under normal circumstances, institutions will determine the payment base according to the salary level of the insured and the payment ratio stipulated by the system. If the insured's salary is higher, the payment base will be increased accordingly to ensure that they can get the corresponding pension insurance benefits after retirement.

To sum up, after the death of the old man, he should prepare the household registration book, death certificate and other related materials, and go through the formalities of termination of registration at the labor security office of Dahou township government where the household registration is located, and the labor security office will report the relevant information to the urban and rural residents' endowment insurance center of the People's Social Security Bureau at the next higher level. The endowment insurance center for urban and rural residents at the next higher level will transfer the endowment insurance premium and interest to the deceased postal savings card, and the heirs can collect it by card or passbook.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 12

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.