Endowment insurance has been paid for 15 years, and the insured dies. Can this money be refunded?

Endowment insurance has been paid for 15 years. If the insured dies, the money can be returned.

/kloc-If a person dies after paying the social security fee in 0/5 years, the money in it will be collected by his family or legal heir, and the principal and interest of the deceased's account will be settled according to the application, and the individual payment will be returned to his successor in one lump sum, and the unit payment will be included in the overall fund. Applicants are required to bring the medical certificate of death, ID card, proof of relationship with the deceased and social security card of the deceased or the agent to the Social Security Bureau for handling. The dead should not only settle accounts, but also pay certain funeral expenses and pensions.

Endowment insurance processing flow:

1, submission. Prepare personal ID card, household registration book, file card and their copies. Employees who have participated in enterprise pension insurance need to provide pension insurance transfer forms, manuals and account books.

2. Review materials: After reviewing the above materials in accordance with the relevant provisions, the social insurance handling department will issue the Registration Form for Basic Information of Employees Participating in Endowment Insurance, the Registration Form for Employees Participating in Endowment Insurance in Enterprises in Cities and Towns, the Supplementary Payment Form for Employees Participating in Endowment Insurance in Enterprises in Cities and Towns, the Summary Form for Payment of Endowment Insurance Fund for Employees in Enterprises in Cities and Towns, and some attached tables;

3. Fill in the form and determine the payment wage base. After the individual fills in the above form truthfully, the base of payment salary will be determined between the average monthly salary of employees in this city for more than one year and its 3 times, and the basic pension will be paid according to 25% of my base of payment salary. Once the payment wage base is determined, it will remain unchanged for one year;

4. Payment of old-age insurance premium: After checking the contents of the form filled out by the individual item by item, the social insurance department will sign the relevant agreement with the individual in duplicate, with each party holding one copy. The social insurance department shall verify and pay the amount of the basic old-age insurance premium according to the salary base of individual contributions, and notify the individual to pay the basic old-age insurance premium at the toll station. The social insurance department shall issue social insurance payment cards to individuals after examining and paying the vouchers of basic old-age insurance premiums.

To sum up, individuals must pay the basic old-age insurance premium within the time specified by the social insurance department. Failing to pay the basic old-age insurance premium within the time limit shall be deemed to have interrupted the payment by itself and shall not be paid back.

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 grants 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.