What level of social security does the army buy?

According to the Trial Measures for Military Social Insurance issued by the Central Military Commission, the military implements the model of "one retirement pension and two pension insurance".

The so-called "first-class retirement pension", that is, a one-time retirement pension calculated according to the actual service time of the individual, is calculated according to the actual service time, position and rank of the individual soldier.

"Second-grade old-age insurance" means that the state gives the same amount of subsidies to the old-age insurance premiums paid by soldiers during their service in the army. This insurance is levied by the army on a unit basis for each soldier. The premium does not occupy the employee's personal salary and does not require any formalities.