What does the social security 4050 policy mean?

Legal analysis: "4050" policy is an important measure for the municipal government to promote the employment of vulnerable groups. The purpose of the 4050 policy is to tailor jobs for women over 40 and laid-off men over 50, and to promote their employment with a market-oriented and socialized operation mechanism. The retirement age stipulated by the state is 60 for men and 50 for women. 4050 refers to flexible employees who have reached the 4050 standard (that is, men are over 50 years old and women are over 40 years old) before 2011231. These people can apply for and participate in social insurance subsidies given by the state. Usually, the application period is three years. If a woman is 45 years old and a man is 55 years old, the subsidy will be applied until retirement (that is, the maximum subsidy period is five years), and there will be no subsidy at retirement age.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Twenty-third employees should participate in the basic medical insurance for employees, and employers and employees should pay the basic medical insurance premiums in accordance with state regulations.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.

Article 24 The state establishes and improves the new rural cooperative medical system.

Measures for the administration of the new rural cooperative medical system shall be formulated by the State Council.

Article 49 If an unemployed person dies while receiving unemployment insurance benefits, he shall pay a one-time funeral subsidy and pension to his survivors with reference to the local regulations on the death of on-the-job workers. The required funds are paid from the unemployment insurance fund.

If an individual dies and meets the conditions for receiving basic old-age insurance, industrial injury insurance and unemployment insurance funeral subsidies, his survivors can only choose to receive one of them.

Article 50 The employing unit shall issue a certificate of termination or dissolution of labor relations for the unemployed in time, and inform the social insurance agency of the list of unemployed persons within 15 days from the date of termination or dissolution of labor relations.

Unemployed persons shall, with the certificate of termination or rescission of labor relations issued by their own units, go to the designated public employment service institutions for unemployment registration in time.

Unemployed people with unemployment registration certificate and personal identity documents, to the social insurance agencies to receive unemployment insurance procedures. The time limit for receiving unemployment insurance benefits shall be calculated from the date of unemployment registration.