How to pay for the death of Dazu social security in Chongqing

If a worker who has paid social insurance fails to reach the statutory retirement age and dies of illness, the basic old-age insurance fund will pay funeral expenses and pensions. Personal basic old-age insurance personal account storage amount is inherited by its legal heir.

Article 14 of the Social Insurance Law of People's Republic of China (PRC)

Personal accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of the individual account can be inherited.

Seventeenth individuals who participate in the basic old-age insurance, due to illness or non-work-related death, their survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.

For more relevant contents, please refer to People's Republic of China (PRC) Social Insurance Law:/zxft/ft209/content _1748773.htm.