Labor Pension Act Article 26

If a worker dies before claiming pension, his/her survivors or designated person(s) shall claim for the lump-sum payment which would have been claimed upon the worker’s retirement.If a worker, who has received the monthly pension payment, dies before he/she reaches the average life expectancy prescribed in Paragraph 3 of Article 23 or the number of years for claiming the pension prescribed in Paragraph 2 of Article 24-2, the monthly pension payment shall be terminated. The residual amount in his/her individual labor pension account shall be calculated and paid to his/her survivors or designated person(s).