What are the benefits for veterans to buy social security?

Veterans enjoy preferential policies when purchasing social security, including preferential payment, payment period, personal account accumulation and so on. These measures are aimed at ensuring the basic livelihood of retired soldiers, promoting patriotism and encouraging more young people to join the national defense cause.

I. Overview of social security preferential policies for veterans

Veterans can enjoy a series of preferential policies when they buy social security. These policies are mainly reflected in preferential payment, payment period, personal account accumulation and so on. The aim is to help veterans better integrate into society and ensure their basic life is guaranteed.

Second, veterans' social security payment concessions.

For veterans, when purchasing social security, they can enjoy certain payment concessions. Specifically, according to the service life and meritorious service of retired soldiers, the government gives certain social security payment subsidies or reductions. These preferential measures can effectively reduce the economic burden of veterans and improve their enthusiasm for purchasing social security.

Three, veterans social security payment period policy

For veterans who failed to participate in social security in time for various reasons during their service, the government has also formulated corresponding policies on the number of years to pay back. This means that veterans can pay social security fees for a period of time after retirement to ensure that they can enjoy higher pension benefits when they retire.

Four, veterans social security personal account accumulation

In the social security system, the accumulation of personal accounts has an important impact on future pension benefits. For veterans, the government will include factors such as military age and meritorious service into the cumulative calculation of personal accounts, so that they can enjoy higher pension benefits when they retire.

Verb (abbreviation of verb) the process of applying for social security preferential policies

When veterans apply for preferential social security policies, they need to follow the relevant regulations. Generally speaking, it is necessary to submit relevant supporting materials to the local social security department, such as retirement certificate and meritorious service certificate. The social security department shall handle the corresponding preferential treatment procedures for veterans after examination and confirmation.

To sum up:

Veterans enjoy preferential policies when purchasing social security, including preferential payment, payment period, personal account accumulation and so on. These measures are aimed at ensuring the basic livelihood of retired soldiers, promoting patriotism and encouraging more young people to join the national defense cause. When applying for social security preferential policies, veterans need to apply in accordance with relevant regulations and submit relevant certification materials.

Legal basis:

People's Republic of China (PRC) Retired Soldiers Protection Act

Article 47 provides that:

Calculate length, a retired soldier, is the length of service, which is calculated cumulatively with the working years of the unit after retirement.

People's Republic of China (PRC) social insurance law

Article 16 stipulates:

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.