Basic pension. Demobilized veterans receive pensions according to the unified standards of the year.
Personal account pension. First, the length of military service of demobilized soldiers can be calculated according to certain standards.
A pension with a fixed payment period.
Veterans can enjoy preferential tax policies.
Caishui [2005] 18 stipulates: "Article 1 of the Notice of the Ministry of Finance of People's Republic of China (PRC), State Taxation Administration of The People's Republic of China, on the Tax Policy for Self-employment of Demobilized Military Cadres" (Caishui [2003] No.26), Article 3 of the Notice of State Taxation Administration of The People's Republic of China of People's Republic of China (PRC) Ministry of Finance on Supporting Self-employment of Retired Soldiers in Cities and Towns (Caishui [2004] No.93) and Article 2 of the Notice of State Taxation Administration of The People's Republic of China of People's Republic of China (PRC) on Employment of Dependents (Caishui [2000] No.84) stipulate that demobilized military cadres, retired soldiers in cities and towns and their dependents who are engaged in self-employment shall be exempted from business tax and start their own businesses within three years from the date of tax registration. Demobilized military cadres, demobilized soldiers in cities and towns and their dependents engaged in self-employment where there are 8 people (including 8 people) or more, regardless of whether their business licenses are marked as individual industrial and commercial households, demobilized military cadres and their dependents shall be handled in accordance with newly established enterprises.
Basic pension. Demobilized veterans receive pensions according to the unified standards of the year.
Personal account pension. First, the length of military service of demobilized soldiers can be calculated according to certain standards. Specifically, based on the average payment grade of demobilized veterans in the year when they receive pension benefits plus government payment subsidies, the account amount is calculated by multiplying the length of military service (calculated by 1 year if they are less than 1 year) and included in the personal account storage amount. Personal account pension is calculated and paid in the same way as other insured persons.
A pension with a fixed payment period. The payment period of demobilized veterans is the sum of the actual payment period of length of military service and individuals. The payment period of pension is the same as that of other insured persons.