Three sums after discharge: a one-time discharge payment, service years counted as work years, and 20000 yuan a year off your taxes if you start a business
- High value
- Evidence A
- Saves money
- Free
- Takes minutes
- No willpower
In plain words
After discharge there are three sums to know. The first is the one-time discharge payment (退役金) for self-arranged employment, paid by the number of years served on active duty, with extra for those who earned merit awards. The second is that the years in the army don't count as a gap in social insurance: military service years count as work years, and contribution years are added together with those before enlisting and after discharge. The third is tax: if you open your own shop or business, you can pay up to 20000 yuan less in tax each year for 3 years.
Translated from the Chinese original. Original book, section 31, tip 6. Content may be out of date and rules differ by place. When you actually deal with an agency, a doctor or a court, follow what local officials, doctors and lawyers tell you. Disclaimer