Job Recruitment Website - Social security inquiry - What about social security after retirement?

What about social security after retirement?

Legal analysis: after retirement, the pension part of personal social security is inherited by the legal heir of the insured employee. But only the personal account pension is inherited. The co-ordination part handed in by the company cannot be inherited. Funeral expenses and pensions will also be paid. Collected by relatives.

Legal basis: Article 14 of the Social Insurance Law of People's Republic of China (PRC) stipulates that individual accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted.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. Seventeenth individuals who participate in the basic old-age insurance, due to illness or non-work-related death, their 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.