Psalm 116 is true and God keeps all His promises. Why do we rejoice when a believer dies? Because they live forever with Jesus! The gospel is the power of God for salvation to everyone who believes (Rom. 1:16). Every gospel promise will be kept. God will not be changing the terms. Your pay may be cut. Your retirement benefits may be minimized. Your wealth may be redistributed. The heavenly inheritance of the redeemed is righteously protected and eternally ensured.
Believers will live forever in the land of the living. Precious and treasured in God’s sight is the (earthly) death of His godly ones. They will dwell together with Him eternally in glory. God has caused believers to be born again to a living hope through the resurrection of Jesus Christ (1 Peter 1:3). Jesus died in our place, substituted Himself for us, took the wrath our sins deserved, died so we might live. Believe in the Lord Jesus and you will be saved (Acts 16:31).
“I love the Lord, because he has heard my voice and my pleas for mercy. Because he inclined his ear to me, therefore I will call on him as long as I live. The snares of death encompassed me; the pangs of Sheol laid hold on me; I suffered distress and anguish. Then I called on the name of the Lord: "O Lord, I pray, deliver my soul!" Gracious is the Lord, and righteous; our God is merciful. The Lord preserves the simple; when I was brought low, he saved me. Return, O my soul, to your rest; for the Lord has dealt bountifully with you. For you have delivered my soul from death, my eyes from tears, my feet from stumbling; I will walk before the Lord in the land of the living. I believed, even when I spoke: "I am greatly afflicted"; I said in my alarm, "All mankind are liars." What shall I render to the Lord for all his benefits to me? I will lift up the cup of salvation and call on the name of the Lord, I will pay my vows to the Lord in the presence of all his people. Precious in the sight of the Lord is the death of his saints. O Lord, I am your servant; I am your servant, the son of your maidservant. You have loosed my bonds. I will offer to you the sacrifice of thanksgiving and call on the name of the Lord. I will pay my vows to the Lord in the presence of all his people, in the courts of the house of the Lord, in your midst, O Jerusalem. Praise the Lord!”