Yes, Nagato (Pein), does die, but on his own. Naruto masters Sage Techniques, and is now able to go into Sage Mode. However, he mastered it better than Jiraya, and can do it without and major charges to his body. Using Sage Mode, he defeats Pein's six bodies, and searches for the real Pein. When he finds him, he chooses to go by Jiraya's teachings, and let Pein survive. Pein tells Naruto his story about why he is in so much pain, and Naruto still goes by Jiraya's teachings. Pein is touched by this, and gives life back to everyone who died in Konoha. Then, Pein dies because of the condition of his body. As a result, Konan quits the Akatsuki.
Yes, Pein does die. Personally i found it sad, because his last words were to Naruto. And he didn't finish his sentence:
"Naruto... this... is what you must face... The book... and you... It's like... someone... set this all up... Or... maybe... this... is... the hand of the real god... My role is over now... Naruto... you... can really--"
After his death Konan encases Nagato (Pein) and Yahiko's (the Deva path) bodies in paper and takes them back to Amegakure to be buried. She pledges Amegakure's allegiance to Naruto on behalf of Nagato, giving him a bouquet of origami flowers as a memento.
Jiraiya dies from his old student Pein in Shippuden, shortly after sending a message to Konoha resulting in the defeat of Pein by Jiraiya's other student, Naruto.
I heard that Konan and Pein make a great couple, but in Naruto Shippuden, Pein dies without Konan saying she liked Pein, there is no proof.
yes he dies because of his student (pein) who broke his sensei throat and let him drown
He's still alive but with many broken bones after being thrown (with jutsu) by Pein.
naruto kills pein by going into sage mode
Friedrich Pein died on 1975-02-14.
Naruto didn't die, and he didn't beat Pein either, Pein gave up his life to resurrect the dead people of Konha which cost his life
Yes, he does die.
Yes, Pein does die.
yes by pein
Pein kills him.
pein kills him
Yeah.. Pein killed him
I think pein cut him in the neck.
Yes, naruto kills him
Naruto Shippuden episode 203