China Veterans, military personnel get pension boost on Army Day
China will further increase pension allowances and subsidies for veterans, families of martyrs and other personnel who have served the country in dangerous jobs, which experts say will boost their social status.
Pension allowances for disabled soldiers, police officers, state officials, and militia members as well as for family members of martyrs and deceased soldiers will increase by 10 percent from China’s Army Day which falls on Wednesday, according to an announcement made jointly by the Ministry of Veterans Affairs and the Ministry of Finance.
Living subsidies for Red Army veterans will also be raised. Increased spending in this regard will be subsidized by central authorities, the announcement said, according to the Xinhua News Agency. Red Army is the forerunner of the People’s Liberation Army.
Read more: Globaltimes
