New policy on subsidies for rural veterans turning 60 in 2022: How much per month?

In order to protect the quality of life of veterans, encourage soldiers' dedication to defending and building the motherland, and strengthen national defense and military construction, our country has always had preferential policies for veterans. So, what is the new policy on subsidies for rural veterans turning 60 in 2022? How much per month?

1. New policy on subsidies for rural veterans aged 60 in 2022

The new policy on subsidies for rural veterans turning 60 in 2022 requires consultation with local relevant departments, as the standards vary from place to place.

Last year, the Ministry of Finance issued the "Notice on Advance Allocation of the 2022 Budget for Subsidies to Preferential Treatment Recipients", which made arrangements for the advance allocation of the 2022 budget for subsidies to preferential treatment recipients, including subsidies for rural veterans. The funds will be used mainly in two aspects:

First, pensions and living allowances for disabled personnel (including disabled soldiers, disabled people's police, disabled state agency staff, disabled militia and migrant workers), the Three Reds (retired Red Army veterans in the village, retired Red Army veterans of the West Route in the village, and lost Red Army personnel), the Three Dependents (family members of martyrs, soldiers who died in the line of duty or died of illness), old demobilized soldiers in the village, veterans who returned home with illness, veterans who participated in the war and have no jobs in rural and urban areas and have difficult family lives, some former 8023 troops and other retired military personnel who participated in nuclear tests, as well as eligible rural retired soldiers, children of old martyrs (including children of those who were wrongly killed before the founding of the People's Republic of China and were later rehabilitated), and retired military personnel involved in uranium mining.

The second is the living allowance subsidy expenditures for old rural party members who joined the party before the founding of the People's Republic of China and old urban party members who have not enjoyed retirement benefits. All localities should coordinate the use of subsidy funds allocated from the central government and centrally managed party fees, as well as subsidy funds allocated locally, in accordance with the prescribed subsidy standards. Arrangements have been made for the early allocation of the budget for subsidies for preferential treatment recipients in 2022.

2. How much is the monthly subsidy for rural veterans aged 60 in 2022?

According to the latest standards, that is, the subsidy standard promulgated on August 1, 2020, the military service subsidy for each year of compulsory military service is 45 yuan. For example: Zhang San joined the army in November 1975 and retired in October 1979, with a service time of 5 years. According to the national subsidy standards in 2020, the retired soldier’s old-age living allowance that he should receive is calculated as: 45*5=225 yuan/month. If the local government pays it out annually, then the retired soldier’s old-age living allowance that Zhang San should receive is: 225*12=2700 yuan.

III. The latest treatment regulations for retired and demobilized conscripts in rural areas in 2022

1. Exemption from business tax

In order to help veterans transfer to civilian jobs better, if veterans transfer to business operations, veterans and their dependents can enjoy a welfare policy of exemption from business tax for three years. This policy starts from the day they receive the tax registration certificate.

2. Living allowance

According to relevant policy regulations, veterans are given a corresponding monthly living allowance based on their years of service. For soldiers who retired after 2011, the subsidy is based on 10 yuan, and the subsidy increases by 10 yuan per month for each additional year of service. For example, a veteran who has served for five years can receive a monthly living allowance of 50 yuan after he reaches the age of 60.

3. Pension subsidy

(1) Pension based on years of payment. The payment period includes military service.

(2) The personal account pension is calculated by taking the government contribution subsidy plus the average amount of the pension level of the demobilized veteran in the year when he received the pension, multiplied by his military service (if it is less than one year, it will be counted as one year). This amount is included in the personal account balance. The calculation method for personal account pension is the same as that for other insured persons.

(3) Basic pension is paid according to the unified standard of that year.

4. Enjoy preferential treatment for military service based on the number of years of pension insurance payment

For example, if you have served in the army for 8 years and only need to pay for 15 years to receive a pension, then the number of years you need to pay for pension is 15-8=7, so you only need to pay for 8 years.

In general, the subsidies for rural veterans in 2022 will mainly be reflected in old-age living allowances and pension subsidies. In addition, the state attaches great importance to the treatment of rural veterans, and it is improving and increasing it year by year.