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People did not live to 60 years old social security how to deal with
Legal analysis: China's provisions for pension insurance, medical insurance and provident fund in the death of the contributor, is available as its heritage, be inherited by the heirs. At present, China's pension insurance is divided into individual account and co-ordinated account. The portion of the pension insurance that you pay for yourself is the individual account, while the portion that the company pays for you will be deposited into the national co-ordinated account. After the death of the participant, the funds in the individual account can be taken out by the heir's application, and the money in the co-ordinated account will be owned by the state.
Legal Basis: The Law of the People's Republic of China on Social Insurance Article 17 Individuals participating in the basic pension insurance shall be entitled to receive funeral grants and pensions for their survivors in case of death due to illness or non-work-related causes; and to receive a disability allowance for those who have become totally disabled due to illness or non-work-related causes when they have not yet reached the statutory retirement age. The required funds are paid from the basic pension insurance fund.
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