What if I pay social security and die at the age of 65?

If the person who pays the endowment insurance dies before or just after retirement, the personal account fund department in the endowment insurance account can be regarded as inheritance. In addition, survivors' benefits include funeral grants and pensions. Funeral subsidy is a one-time subsidy to reduce the economic burden caused by funeral for employees' families. Pension refers to the basic living expenses given to ensure that the immediate family members supported by the deceased employees are not cut off from their sources of livelihood because of the death of their supporters.

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 from the basic old-age insurance fund; Belong to the death of work-related injuries, their close relatives receive funeral subsidies, support relatives' pensions and one-time work-related death subsidies from the work-related injury insurance fund.

Pension inheritance needs to provide:

1. Original and photocopy of death certificate.

2, employee pension insurance manual.

3. The original and photocopy of the heir's ID card.

4, the relationship between the deceased and the heir certificate issued by the village neighborhood committee.

5. Two copies of the qualification certificate for the funeral expenses, one-time relief expenses and personal account amount (see the general form).

Legal basis:

People's Republic of China (PRC) social insurance law

Article 14

Personal accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted.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

Article 17

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.