1. At present, soldiers don't buy five insurances and one gold. The insurance purchased by service personnel includes military accident insurance, retirement pension insurance and retirement medical insurance.
2. However, according to Article 2 of the Military Insurance Law of People's Republic of China (PRC), this Law is applicable to the establishment, payment, transfer and continuation of the military insurance system established by the state, including military casualty insurance, retired pension insurance, retired medical insurance and spouse insurance of unemployed soldiers.
3. When leaving the army or changing jobs, soldiers will be given five insurances and one gold at a time for social security.
Extended data:
I. Chapter VI Military Insurance Fund:
1, Article 30 Military insurance funds include military casualty insurance funds, military retirement pension insurance funds, military retirement medical insurance funds and military spouse insurance funds that are not employed in the army. Military insurance funds shall be accounted for separately according to the types of military insurance, and the accounting system for military personnel shall be implemented.
Article 31 The military insurance fund consists of individual contributions, the military insurance fund borne by the central government and interest income.
3. Article 32 The insurance premiums that soldiers should pay shall be withheld and remitted by their units. The insurance premiums payable by the spouses of unemployed soldiers in the army shall be withheld and remitted by the unit where the soldiers work.
4, thirty-third of the central financial burden of military insurance funds, by the the State Council municipal finance department into the annual defense budget.
5, thirty-fourth military insurance fund in accordance with the national and military budget management system, the implementation of budget management.
6. Thirty-fifth military insurance funds shall be stored in special accounts, and the specific management measures shall be implemented in accordance with the relevant provisions of the state and the army.
7. Article 36 The military insurance fund shall be centrally managed by the military insurance fund management institution of the General Logistics Department of China People's Liberation Army. Military insurance fund management institutions shall strictly manage military insurance funds to ensure the safety of the funds.
8. Article 37 The military insurance fund shall be used for special purposes and shall 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.
Baidu Encyclopedia-China People's Insurance Law and Military Insurance Law