1.An individual account shall be cancelled only when the account owner dies and the account has no balance;
2.The final balance of the individual account shall be included in the deceased account owner’s estate. The administrator of his/her waiting-to-be-divided property or his/her legitimate heir(s) can apply to withdraw funds from his/her individual account;
3.After the Social Security Fund becomes aware of the account owner’s death for more than five years, if the heir does not claim the final balance of the related individual account, the Social Security Fund shall inform the fund management entity to cancel the contribution sub-account and preserved sub-account of the related account owner, and the monies shall be transferred to the respective government-managed sub-account.