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How to settle social security after death?
Legal analysis: after a person dies, the balance in social security is inherited by his successor according to law. According to the regulations, after the death of an individual who participates in the basic old-age insurance, his successor will bring the insured's ID card and personal account manual of the old-age insurance to the insured institution to apply for cancellation. The balance in the deceased's personal account plus interest will be taken as an inheritance and collected by the heir. If the insured fails to reach the statutory retirement age and dies for other reasons, his immediate family members may receive the refunded insurance premium on his behalf.
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.
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