How to inherit social security pension

If the insured person dies during the period of receiving pension insurance benefits, his legal heir or designated beneficiary shall go through the inheritance procedures at the social security office where the household registration is located within 1 month, and the remaining part of the personal account shall be returned to his legal heir or designated beneficiary in one lump sum; If there is no legal heir or designated beneficiary, the street social security office (village committee) shall go through the relevant formalities within 1 month, and pay the funeral expenses according to the standards of urban workers. If the standard of funeral expenses is higher than the balance of personal account, the funeral expenses shall be paid according to the balance of personal account; If the standard of funeral expenses is lower than the balance of personal account, the funeral expenses shall be paid according to the standard, and the rest of personal account shall be incorporated into the endowment insurance fund for urban and rural residents.

The inheritance and transfer of old-age insurance benefits, taking Hunan Province as an example: when the insured person moves in Hunan Province as a whole, only the basic old-age insurance relationship and personal account files are transferred, and the personal account fund is not transferred.

When the insured person flows as a whole in Hunan Province, the transfer shall be handled in accordance with the following provisions:

(1) Transfer the basic old-age insurance relationship and personal account fund.

(2) The amount of the transfer fund is the sum of the personal payment principal and interest accumulated in the personal account in June 65438+June 65438+1October 65438+March 0998 plus April 1998, which is included in the personal account.

The transfer or transfer of the personal account of endowment insurance requires a contact letter from the social insurance department of the transfer or transfer place before the transfer formalities can be handled.

Can personal accounts be inherited? How to calculate the amount of inheritance?

If an employee dies on the job or after retirement, his personal account can be inherited. Specifically:

(1) If an employee dies in the line of duty, the amount of inheritance shall be the principal and interest of the individual contributions in the personal account at the time of his death.

(two) the death of retirees, the amount of inheritance is calculated according to the following formula:

Inheritance amount = the balance of the personal account when the retiree dies × the proportion of the personal payment principal and interest in the personal account to the total storage amount of the personal account when he retires.

The amount of the estate shall be paid to the beneficiary or legal heir designated by the deceased before his death. The rest of the personal account is incorporated into the social pooling fund. After the personal account is completed, the payment should be stopped or the payment record should be sealed.