BEIJING, July 27 (Xinhua) -- The Ministry of Veterans Affairs and the Ministry of Finance announced Friday they will further increase pension allowances and subsidies for groups such as disabled veterans and families of martyrs.
According to the announcement, 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 Aug. 1, China's Army Day.
Living subsidies for Red Army veterans will also be raised.
Increased spending in this regard will be subsidized by central authorities, the announcement said.
After the adjustment, yearly pension allowances for veterans disabled in war and in the line of duty will reach as much as 80,140 yuan (11,780 U.S. dollars) and 77,610 yuan per person respectively.
This is the 25th improvement to the disabled veteran pension system and the 28th improvement to the pension standards for families of deceased soldiers and Red Army veterans since 1978.
