Shanghai 4050 social security

The "4050" project aims to tailor jobs for women over 40 and laid-off men over 50, and promote their employment with a market-oriented and socialized operation mechanism. This is an important measure taken by the Shanghai Municipal Government to promote the employment of vulnerable groups. From June 1 2008, Shanghai relaxed the age requirement for social insurance subsidies for people with employment difficulties from the original "4050" to "4045".

Legal objectivity:

Supplement of Shanghai Labor and Social Security Bureau and Shanghai Finance Bureau on social insurance premium subsidies for people with employment difficulties. Article 1 Older unemployed men over 45 years of age and women over 40 years of age registered unemployed people in this city who have stopped paying social insurance premiums for six months or more and paid social insurance premiums according to regulations after self-employment or self-employment may apply for social insurance premium subsidies for flexible employment.