According to Osho, yes: the body continues as its own process, like a house that stands and functions whether you live inside or step out. Awareness can remain in the body or move beyond it. To onlookers it appears you still dwell within, but for the realized one the 'house' is gone—identity expands, and the whole universe becomes the true body.
The body is like a house that keeps running; you can live in it or leave it, and when you leave, you feel as big as everything.