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What is the policy of 3050? What's the connection with subsistence allowances?

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Related to similar subsistence allowances is the "4050 policy"!

4050 employees refer to women over 40 years old and men over 50 years old who are flexible employees. The legal retirement age for male workers is 60, not 55. At present, 4050 employees' social security subsidies are still implemented in China, which can be handled from 2008 to 20 10. If you meet the requirements, you need to bring your ID card to the local community office for consultation. You only need to pay the personal part, and the state will give subsidies. However, if you have paid insurance before, you need to pay the social security during the interruption period, or you have to pay 15 years when you retire at the age of 60, otherwise you will only retire your personal part and not enjoy the pension.