Job Recruitment Website - Social security inquiry - What if social security dies after 60 years old?

What if social security dies after 60 years old?

Legal analysis: if a social security worker dies after the age of 60, his family members can apply to withdraw all the money in his social security account and return it to his family members. The personal account fund department in the endowment insurance account can be regarded as inheritance. In addition, survivors' benefits include funeral grants and pensions. Funeral subsidy is a one-time subsidy to reduce the economic burden caused by funeral for employees' families. According to the relevant national laws and regulations, if a person dies before retirement or just after retirement, the individual account fund in the old-age insurance account can be regarded as inheritance. In addition, survivors' benefits include funeral grants and pensions. Funeral subsidy is a one-time subsidy to reduce the economic burden caused by funeral for employees' families. Pension refers to the basic living expenses given to ensure that the immediate family members supported by the deceased employees are not cut off from their sources of livelihood because of the death of their supporters.

Legal basis: Article 17 of the Social Insurance Law of People's Republic of China (PRC), if an individual who participates in the basic old-age insurance dies due to illness or non-work, his survivors can receive funeral subsidies 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.