4050 Social Security Subsidy Policy 2018? 4050 applicants refer to those who are over 40 years old for women and over 50 years old for men in the working age group and have an urgent desire for employment, but are difficult to compete for employment in the labor market due to their poor employment conditions, single skills and other reasons. The retirement age set by the state is 60 for men and 50 for women. 4050 means that by December 31, 2011, flexible employees who have reached the 4050 standard (i.e. men over 50 years old and women over 40 years old) without social insurance from their units can apply for and participate in the social insurance subsidies granted by the state. Generally, the application period is three years. If women over 45 years old and men over 55 years old apply for the subsidies, they can apply for the subsidies until retirement (the longest period is five years) There is no subsidy for those who reach retirement age. Do you understand this explanation?
