1, the old-age insurance can be taken out when people die. If the insured person dies, the balance of the endowment insurance account can be inherited by his successor. In case of death due to illness or non-work-related, the survivors can receive funeral subsidies and pensions, and the required funds will be paid from the basic old-age insurance fund.

2. Legal basis: Article 14 of People's Republic of China (PRC) Social Insurance Law.

Personal accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted.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

Article 17

If an individual who participates in the basic old-age insurance dies due to illness or non-work, his 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.

Second, how to extract the pension insurance?

According to China's pension insurance policy, the insured can apply for pension insurance benefits after reaching the statutory retirement age and paying the minimum number of years of pension insurance.

General old-age insurance contributions cannot be withdrawn, except in special circumstances, such as the death of the insured, going abroad to settle down, reaching the statutory retirement age but less than the payment period, etc. , the insured or relatives can apply for a one-time withdrawal of pension insurance personal account balance.