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What if social security pays half? What if social security pays half?
1. If half of the social security payer dies, the balance in the personal account can be inherited by the legal heir of the deceased, and can receive funeral subsidies and pensions. Heirs need to bring an application form for pension insurance benefits, household registration book, medical certificate of death, etc. And apply to the local social security bureau.
2. According to 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. The required funds come from the basic old-age insurance fund.
3. Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. In China, social insurance is an important part of the social security system, occupying a core position in the whole social security system.
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