Pension insurance is not refunded when you die before age 60

Pension insurance is not refundable if you die before the age of 60.

But its personal account can be inherited, and will also be given to their relatives funeral subsidies and pensions. Pension insurance is a social insurance system established by the state and society in accordance with certain laws and regulations to solve the basic livelihood of workers after they reach the limit of working age stipulated by the state to terminate their labor obligations or quit their jobs due to old age and loss of working ability.

If a participant dies due to illness or non-work-related death, and has accumulated less than five years of contributions, the standard entitlement for his or her survivors shall not exceed the sum of his or her individual contributions (flexible employment and other participants in their individual capacity are calculated on the basis of the portion credited to their individual accounts).

Pension insurance contribution standards are as follows:

1, contribution bracket, five pension insurance premium standards, 60% bracket 5932.8 yuan per year, 80% bracket 7910.4 yuan per year, 100% Bi Hidden bracket 9888.12 yuan per year, 110% bracket 10876.92 per year, 120% bracket 11865.72 per year, we must be Note that this contribution grade as long as selected, the same year shall not be changed;

2, a one-time supplemental contribution, within the prescribed time, the earlier the individual contribution to the account, the account generates more interest, the more the individual account reserves, the higher the level of pension, so try to pay the social security as early as possible. Individual account storage amount in time to accrue interest to ensure that the pension benefits are not affected.

In summary, if a participant is declared dead by the people's court because his whereabouts are unknown, the date of death declared by the people's court will be the time of his death, and his survivors will be able to receive survivor's benefits. If the declared dead participant reappears, the survivor's benefits received shall be refunded.

Legal basis:

Article 17 of the Social Insurance Law of the People's Republic of China

If an individual who has participated in the basic pension insurance dies due to illness or not due to work, his or her survivors can receive funeral benefits and pensions; if he or she becomes disabled due to illness or not due to work and completely loses his or her working ability before reaching the legal retirement age, he or she can receive a disability allowance. The required funds are paid from the basic pension insurance fund.