How many years can you receive 4050 social security benefits

Generally, the 4050 social security subsidy can be received for a maximum of three years, but if the participant is not more than five years away from retirement, then he can receive the 4050 social security subsidy until retirement. The amount of the subsidy is not the same in all regions, some places have a fixed amount of subsidy, while others give a proportionate subsidy, in principle, not more than two-thirds of the actual contribution.

It should be noted that the 4050 social security subsidy policy varies from place to place, some places may be 4555, 4757 or 4959 social security subsidy, some places may not have the relevant subsidy policy, please refer to the local policy shall prevail.

Legal Basis

Article 50 of the Full Text of the Law of the People's Republic of China on Social Insurance The employer shall promptly issue a certificate of termination or dissolution of the labor relationship for the unemployed person and inform the social insurance agency of the list of the unemployed person within fifteen days from the date of termination or dissolution of the labor relationship. The unemployed person shall, with the certificate of termination or dissolution of labor relations issued by the employer, promptly go to the designated public **** employment service agency to apply for unemployment registration. With proof of unemployment registration and personal identification, the unemployed person goes to the social insurance agency to complete the formalities for receiving unemployment insurance benefits. The period of receiving unemployment insurance benefits is calculated from the date of registering as unemployed.