What are 4050 people?

4050 people refers to the working age of women over 40 years old, men over 50 years old, the desire for employment, but because of their own poor employment conditions, single skills and other reasons, it is difficult to compete in the labor market for employment workers.

A considerable portion of them are laid-off workers from former state-owned enterprises, who have made contributions to the reform, but as they grow older, employment has become more and more difficult, which has aroused the concern of the governments at all levels and all walks of life. Personnel is the most difficult group of re-employment, the state has implemented a more favorable policy for them, special support.

The advantages and disadvantages of 4050 are as follows:

1, 4050 refers to the deadline of December 31, 2011, to reach the 4050 standard, men aged 50 years old, women aged 40 years old, there is no unit of social security to pay the flexibly employed, you can apply for the state's social security subsidies. In general, you can apply for 3 years, if the female 45 years old, male 55 years old, you can receive 5 years to retirement in essence, 4050 is a social security contribution preferential policies, the impact on the pension is not very big. Factors affecting the pension are: the number of years of contributions, the contribution base, the retirement age, the balance of the individual account, the local average social wage;

2, do away with the 4050 on other factors do not have much impact on the pension is still calculated in accordance with the previous method of calculation, after receiving social security subsidies, the cost of personal payment of social security is reduced; 4050 social security subsidy policy for each person up to a maximum of 5 years of subsidies, and to achieve the 4050 conditions, after 5 years will not be able to claim. For flexible employment and urban residents, enterprise employees, not enjoy 4050 subsidies when the pension calculation method is the same, all do 4050 after the pension is not without much impact;

3, do 4050 social security subsidies, but this does not lead to the balance of the individual account than the policy situation to be less. If the contribution base is low, the contribution period is short, apply for retirement in areas with low average wages, then the pension will only become less;

4, the simplest principle of old-age pension is to pay more and get more. If the charm 4050 policy, less than five years from retirement, then a one-time subsidy to retirement.

I hope the above can help you, if you have other questions please consult a professional lawyer.

Legal basis: "The Chinese people *** and the State Social Insurance Law" Article 33 employees should participate in the work injury insurance, the employer to pay the work injury insurance premiums, the employee does not pay the work injury insurance premiums.

Article 44

Employees shall participate in unemployment insurance, and the employer and the employee shall pay the unemployment insurance premiums in accordance with the state regulations***.

Article 53

Employees shall participate in maternity insurance, and the employer shall pay maternity insurance premiums in accordance with state regulations, and the employees shall not pay maternity insurance premiums.