Job Recruitment Website - Social security inquiry - Is there a funeral fee for social security death in one year?

Is there a funeral fee for social security death in one year?

Legal analysis: There are funeral expenses. According to Chinese laws, employees can receive funeral subsidies and pensions after their death as long as they participate in basic old-age insurance. In addition, the account balance of endowment insurance can also be inherited by its heirs.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

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.

Article 14 Individual accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted.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.