If you die unfortunately, will the money in the social security account be paid in vain?

If you die unfortunately, the money in the social security account will not be paid in vain. According to the regulations, 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 benefits. Social security is actually what we call social insurance and an important part of the social security system. Refers to an income and compensation system provided for loss of working ability, temporary loss of jobs or losses caused by health reasons.

Social insurance includes basic old-age insurance system, basic medical insurance system, industrial injury insurance system, industrial injury insurance system and maternity insurance system. People collectively call it five-insurance social insurance, which has three main functions:

1, for the function of stabilizing social life;

2. The function of redistribution;

3. Function of promoting social and economic development.

Article 17 of the Social Insurance Law of People's Republic of China (PRC) stipulates that 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. Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council. Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity.