Is there any compensation for the death of a person who bought social security?

Social security personnel have compensation for their deaths. According to "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. In case of death due to illness or non-work-related reasons, the survivors can receive funeral subsidies and survivors' pensions. Funeral allowance and survivor's pension are also part of the employee's pension insurance benefits.

Legal basis:

Twenty-ninth death compensation is calculated according to the per capita disposable income of urban residents or the per capita net income of rural residents in the last year where the court of appeal is located, and according to the standard of 20 years. However, for those over 60 years of age, the age will be reduced by one year for each additional year; Seventy-five years of age or older, calculated by five years.