How much compensation is there if you buy social security and die?

Funeral subsidies and pensions can be obtained. Funeral subsidy is the average monthly salary of employees in the overall planning area for 6 months. The pension standard is 40% for spouse, 30% for other relatives, and 10% for the elderly or orphans.

Legal analysis

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. Funeral subsidy refers to a one-time subsidy given to reduce the economic burden of employees' families due to funeral, and pension refers to the basic living expenses given to ensure that the immediate family members supported by deceased employees are not cut off from their sources of livelihood because of the death of their supporters. According to the relevant regulations, when an employee dies of illness or non-work-related injury, the funeral subsidy is paid under the labor insurance fund, and the amount is the average monthly salary of all employees of the enterprise 1. In addition, under the labor insurance fund, according to the length of service of the enterprise, the relief fee for supporting immediate family members is paid, and the amount is 3 months to 12 months' salary of the deceased. According to the provisions of this article, individuals who participate in the basic old-age insurance can receive disability allowance if they completely lose their ability to work due to illness or non-work-related disability before reaching the statutory retirement age. Disability allowance is the basic living expenses paid by the basic old-age insurance fund for the insured who is disabled due to illness or non-work and has completely lost the ability to work. When the insured has not reached the statutory retirement age, he cannot enjoy the pension insurance benefits because he does not meet the conditions for receiving benefits. If you are completely disabled due to illness or non-work-related disability, you will lose your financial resources and have to rely on other family members. If the insured is also the main source of income for the family, the whole family will be in trouble. Insured persons participate in the basic old-age insurance and pay the basic old-age insurance premium. When he completely loses his ability to work and his source of livelihood, the endowment insurance fund should give him help.

legal ground

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.