Job Recruitment Website - Social security inquiry - He died before he reached retirement age. What about social security?
He died before he reached retirement age. What about social security?
If a party who pays social security dies before reaching retirement age, the balance in his social security account can be inherited by his legal heir; The amount stored in the personal social security account of the party concerned, as well as the principal and interest paid by the individual before the establishment of the personal account, shall be paid to his legal heir in one lump sum.
Legal objectivity:
"Social Insurance Law of People's Republic of China (PRC)" Article 16 Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for fifteen years at the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.
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