Can you get a refund if you die before collecting your social security?

Individuals who pay social security and die outside the country, the social security paid can be refunded.

A, social security party suddenly died social security refundable

(a) a kind of insured person did not come to the age of receiving pensions died

not yet retired has died, social security does not have the corresponding compensation. Just pension insurance personal account storage amount of personal contributions and interest in a one-time refund to the heirs, while the termination of the pension insurance relationship; death before the medical expenses can be reimbursed in accordance with the provisions. Take the death certificate issued by the police station of the household registration, social security card, to the social security bureau of the place of participation to apply for the refund of social security benefits.

(2) Then it is the case that you have just received a few months, or you die before you have finished receiving your pension

When you die after retirement, the balance of the individual contribution portion of the pension insurance personal account storage amount and the interest (minus the portion that you have received in the past) will be refunded in a lump-sum to your heirs, and at the same time, the pension insurance relationship will be terminated. Funeral expenses and pensions can be applied for. It doesn't matter whether or not you paid the entire cost yourself. (Individuals also pay a unit part of the unit part of the social security co-ordination) surrender only the individual account of the contribution part of the refund.

In short, the heirs can inherit the balance of their personal accounts.

Second, what is social insurance

Social insurance is a social and economic system that provides income or compensation for people who are incapacitated, temporarily out of the workforce, or who have suffered losses due to health reasons. The main programs of social insurance include pension insurance, medical insurance, unemployment insurance, work injury insurance, and maternity insurance.

Third, the characteristics of social insurance

Feature 1: the objective basis of social insurance, is the risk that exists in the field of labor, the subject of insurance is the worker's person;

Feature 2: the subject of social insurance is specific. It includes workers (including their relatives) and employers;

Characteristic 3: Social insurance is compulsory;

Characteristic 4: The purpose of social insurance is to maintain the reproduction of the labor force;

Characteristic 5: The insurance fund is derived from the contributions of employers and workers and financial support. The scope of insurance objects is limited to workers, excluding other members of society. The scope of insurance content is limited to various risks in labor risks, excluding other property, economic and other risks.

Legal Basis

The Social Insurance Law of the People's Republic of China*** and the State of China (Amended in 2018)

Article 6 The State shall strictly supervise the social insurance fund.

The State Council and the people's governments of provinces, autonomous regions and municipalities directly under the Central Government establish and improve the supervision and management system of the social insurance fund and guarantee the safe and effective operation of the social insurance fund.

The people's governments at or above the county level take measures to encourage and support the participation of all sectors of society in the supervision of social insurance funds.

Article 14 Individual accounts shall not be withdrawn in advance, and the interest rate of bookkeeping shall not be lower than the interest rate of bank time deposits, and shall be exempted from interest tax. If an individual dies, the balance of the individual account can be inherited.