What does 40% social security mean?

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Social security 40,50 has two meanings:

1, female over 40 years old, male over 50 years old, non-employees have preferential policies to pay social security fees, free or low;

2. Where women have paid social security records in the local area before the age of 40 and men before the age of 50, the social security of other cities can be transferred to the local area to pay, renew and record the length of service.