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Is the military retired pension insurance subsidy paid to individuals or pension funds?
According to the reform opinions approved by the State Council and the Central Military Commission, the General Logistics Department, together with Ministry of Human Resources and Social Security, the Ministry of Finance, the General Staff Department and the General Political Department, issued the Notice on Doing a Good Job in the Transfer and Continuation of the Basic Endowment Insurance for Retired Soldiers and the Notice on Doing a Good Job in the Transfer and Continuation of the Military Occupational Pension. It stipulates the management mode, personnel scope, calculation and development standards and transfer and connection methods for reforming and improving the old-age insurance system for retired soldiers. It is clear that starting from 20 14, 10 and 1, when a soldier retires, the financial department of the unit where the soldier works will give him a one-time basic pension insurance subsidy and occupational annuity subsidy, and the required funds will be borne by the central government.

The "Notice" stipulates that if a soldier retires to participate in the basic old-age insurance for enterprise employees or urban and rural residents, the basic old-age insurance subsidy for retired soldiers shall be calculated according to the monthly payment wages and corresponding standards during his service; The military occupational annuity subsidy is calculated according to the monthly payment salary and corresponding standards during my service after 20 14 10. For retired military personnel who participate in the endowment insurance of government agencies and institutions, the basic pension insurance subsidies for retired military personnel and the occupational annuity subsidies for military personnel shall be calculated according to the monthly payment wages and corresponding standards during their service after 20 14 10 1.