How much compensation does social security have after death?

In most cases, social security does not provide compensation for death. When the insured dies, his family members may be eligible for some benefits, such as funeral expenses and survivors' pension.

The purpose of social security is to protect the basic needs of the insured under certain circumstances, such as illness, unemployment or old age. Therefore, it mainly involves personal protection during work, not after death. When a person dies, their social security account is usually terminated unless they have unpaid pension or other benefits.

Where the funds in the social security account go after the death of the insured:

1. Personal account balance of endowment insurance: According to China's relevant policies, after the death of the insured, the personal account balance of endowment insurance can be inherited by its legal heir or designated heir. This means that if the insured person has not started to receive a pension or only received a small amount of pension when he dies, his family members can inherit the principal and interest in his personal pension account.

2. Personal medical insurance account balance: After the insured dies, the personal medical insurance account balance can also be inherited by immediate family members. According to the social security policy, after the insured person dies, the balance of his personal medical insurance account can be paid to the heir in one lump sum. If there are no heirs, they will be transferred to the basic medical insurance pooling fund to make contributions to the country.

3. Housing provident fund: If the insured dies, the money in his provident fund account can also be withdrawn by his family. According to China's housing provident fund policy, if the insured person has an heir or legatee after his death, he can apply for withdrawal of the provident fund; If there is no heir or legatee, the storage balance in the employee provident fund account shall be included in the housing provident fund management center.

To sum up, social security is mainly to protect the needs of the insured during their work, not to protect their needs after their death. However, if the insured still has unpaid benefits after death, their families may be eligible for some compensation.

Legal basis:

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

Article 54

If an individual who participates in the basic old-age insurance dies, the balance of his personal account can be inherited according to law.