4050 social security subsidy policy 2020

The 4050 policy is tailor-made jobs and preferential policies for unemployed groups with employment difficulties, such as women over 40 years old and men over 50 years old. Flexible employees who meet the 4050 standard in the middle term and have no unit to pay social insurance can apply for and participate in social insurance subsidies given by the state for a period of three years.

Project 4050 is an important measure for the municipal government to promote the employment of vulnerable groups. It aims to tailor jobs for women over 40 years old and laid-off men over 50 years old, and 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 means that the standard of 4050 is reached before the date of 20112, that is, men are over 50 years old and women are over 40 years old. If no unit pays social insurance, it may apply to participate in the society given by the state.

Everyone can only apply once, even if they lose their unit and pay social insurance again, they can't apply again. The 4050 policy has nothing to do with delaying retirement. Participating in 4050 will not cause delayed retirement.

legal ground

Article 71 of People's Republic of China (PRC) Social Insurance Law The state establishes a national social security fund, which consists of funds allocated by the central government and raised by other means approved by the State Council, and is used to supplement and adjust social security expenditures. The national social security fund management and operation organization is responsible for its management and operation, and realizes the preservation and appreciation under the premise of ensuring safety.

The national social security fund shall regularly announce the income and expenditure, management and investment operation to the public, and the financial department, social insurance administrative department and audit institution of the State Council shall supervise the income and expenditure, management and investment operation of the national social security fund.