What if someone who has not reached the legal retirement age dies?

Legal analysis: If an employee dies before the statutory retirement age, the principal and interest of the basic old-age insurance premium paid by the employee in his personal account can be collected by his designated beneficiary or legal heir in one lump sum.

Legal basis: Article 6 of Several Provisions on Implementing the Social Insurance Law of People's Republic of China (PRC) shall not be withdrawn in advance from the personal account of employees' basic old-age insurance. Individuals who leave the country to settle down before reaching the legal conditions for receiving the basic pension shall keep their personal accounts and enjoy the corresponding pension insurance benefits in accordance with state regulations when reaching the legal conditions for receiving the basic pension. Among them, those who lose their People's Republic of China (PRC) nationality may apply in writing to terminate the basic old-age insurance relationship for employees when leaving the country or after leaving the country. After receiving the application, the social insurance agency shall inform it in writing of its right to keep personal accounts and the consequences of terminating the basic old-age insurance relationship for employees. After my written confirmation, I will terminate the employee's basic old-age insurance relationship and pay me the amount stored in my personal account in one lump sum.

After the death of an individual who participates in the basic old-age insurance for employees, the balance in his personal account can be fully inherited according to law.