The 4050 policy is actually a social security subsidy for qualified flexible employees.
 Generally speaking, as long as the conditions for men to be 50 years old and women to be 40 years old by the end of 2011 are met, they can apply for it.
 At present, almost all of the country has this policy, but the age limit varies from place to place, with "4555" in some places and "4959" in some places. As long as they meet the conditions, they can receive a subsidy after application, which is equivalent to reducing a part of the social insurance payment for everyone.
 However, this subsidy cannot be applied for all the time. Generally, the maximum receiving time is three years, that is, it will not be issued after three years. Except for one special case, that is, those who apply within five years of retirement age can receive it until retirement, and the maximum time is five years.
 At the same time, it should be noted that each flexible employee can only apply for this subsidy once. During the period of receiving the subsidy, if the enterprise pays for the social security when finding a job, the subsidy will automatically "stop paying". Even if the employee is unemployed again and pays the flexible employment social security again, he or she cannot receive it again.
 Legal basis
 Article 5 of the Full Text of the Social Insurance Law of the People's Republic of China, the people's governments at or above the county level incorporate social insurance undertakings into their national economic and social development plans.
 The state raises social insurance funds through multiple channels. The people's governments at or above the county level shall give necessary financial support to social insurance undertakings.
 The State supports social insurance through preferential tax policies.
 Article 7 of the Full Text of the Social Insurance Law of the People's Republic of China, the social insurance administrative department of the State Council shall be responsible for the administration of social insurance throughout the country, and other relevant departments of the State Council shall be responsible for the relevant social insurance work within the scope of their respective duties.
 The social insurance administrative departments of the local people's governments at or above the county level shall be responsible for the social insurance administration in their respective administrative regions, and other relevant departments of the local people's governments at or above the county level shall be responsible for the relevant social insurance work within their respective functions and responsibilities.