Social Security Personal Account Balance Inheritance Process

Legal analysis: The last payer of the deceased went through the formalities at the social security agency in his workplace with the following materials:

1. Original and photocopy of death certificate

2, employee pension insurance manual

3. The original and photocopy of the heir's ID card.

4, the relationship between the deceased and the heir certificate issued by the village neighborhood committee.

5. Two copies of the qualification certificate for the funeral expenses, one-time relief expenses and personal account amount (see the general form).

6. Power of attorney for the successor to entrust the payer with the formalities.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 14 Individual accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted.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.

Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance can pay less than 15 years when they reach the statutory retirement age. You can receive the basic pension on a monthly basis and transfer it to the new rural social endowment insurance or urban residents' social endowment insurance, and enjoy the corresponding pension insurance benefits according to the regulations of the State Council.