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How to collect the social security payment of the deceased elderly?
After the death of the old man, the social security card processing method is:
1. After the death of the insured, all the balance in the personal account shall be returned to the legal heir or designated beneficiary of the insured;
2. Need ID card, household registration book, death certificate, cremation certificate, application form, bank account number, etc.
3. The fees paid by social security are managed by two accounts: the personal account and the overall account, and the heirs can only receive the amount in the personal account.
To sum up, according to the provisions of the Social Insurance Law, personal account pension has the nature of compulsory savings and belongs to individuals. If an individual dies (including before and after retirement), the pension balance in the personal account can be inherited.
Legal basis:
People's Republic of China (PRC) social insurance law
Article 14
Personal accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted.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.
Article 17
If an individual who participates in the basic old-age insurance dies due to illness or non-work, his 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.
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