As we all know, military service is equivalent to paying social security, so what is the standard of payment? Or what does it mean?

According to the Military Insurance Law of People's Republic of China (PRC)

The Military Insurance Law stipulates three financing channels for military insurance funds: individual contributions, central financial allocation and interest income. Central financial allocation is the main channel of military insurance fund.

The Military Insurance Law requires that the military insurance fund should be used for special purposes and be spent in accordance with the prescribed items, scope and standards. No unit or individual may occupy, misappropriate, change expenditure items, expand expenditure scope or change expenditure standards. Specific implementation of three management systems: first, separate accounting, second, budget and final accounts management, third, special account storage.

At the same time, the Military Insurance Law strengthens the safety supervision of military insurance funds, and stipulates that military insurance funds shall be centrally managed by the military insurance fund management agency of the General Logistics Department; The financial department of the General Logistics Department and the auditing organ of the China People's Liberation Army shall, according to their respective duties, supervise the revenue and expenditure and management of the military insurance fund to ensure the safety of the fund.

Article 49 provides that:

Soldiers who participate in unemployment insurance after retiring from active service, their unemployment insurance payment period shall be calculated with the unemployment insurance payment period before enlisting and after retiring from active service.

Please refer to this law for details!