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After the age of 40, there are 2 sums of money in social security that can be received, and it would be a pity not to know

author:Colorful drawing board aKI

In exploring the sea of social security benefits, there are two shining pearls – the 4050 subsidy and the 4757 subsidy, which are treasures for friends over 40 years old. This article will demystify these two subsidies for you and help you navigate the waves of the economy.

After the age of 40, there are 2 sums of money in social security that can be received, and it would be a pity not to know

4050 subsidy: support the umbrella for people with employment difficulties

The 4050 subsidy, a heart-warming policy, is designed for those who have entered middle age and are facing employment problems. It aims to alleviate the financial pressure on those who do not have a company to pay for social security and need to pay for social security on their own.

Conditions for receiving the 4050 subsidy

- Reach a certain age: over 40 years old for women and over 50 years old for men.

- Employment Hardship Certification: An official certification is required to prove the employment hardship status.

- Flexible Employment Status: Participate in social security as a flexible worker.

The amount and duration of the 4050 subsidy

Different regions have different subsidy standards. In Beijing, for example, the subsidy amount can reach about 2/3 of the payment amount. The allowance is usually paid for three consecutive years, and can be extended to five years near retirement age.

After the age of 40, there are 2 sums of money in social security that can be received, and it would be a pity not to know

4757 Subsidies: A Boon for the Older Unemployed

The 4757 subsidy, also known as the unemployment subsidy for the elderly, provides help to those who are approaching retirement age and facing the dilemma of unemployment. In Shanghai, the amount of this subsidy is equivalent to half of the minimum wage, and it can be received until retirement.

The cumulative effect of the two subsidies

It is worth noting that the 4050 subsidy and the 4757 subsidy do not conflict, and eligible friends can apply for these two subsidies at the same time and enjoy the superimposed benefits.

Application Process

The application process for the 4050 subsidy may vary from region to region, but it usually includes steps such as stopping pension insurance contributions, registering as unemployed, applying for employment hardship identification, and flexible employment subsidies.

After the age of 40, there are 2 sums of money in social security that can be received, and it would be a pity not to know

The true value of policies that benefit the people

These subsidy policies are the government's care for the people and are aimed at helping those who are disadvantaged in the job market. They not only solve the urgent need for social security contributions, but also provide a guarantee for their later life.

We encourage everyone to learn about these policies, take advantage of them, and share them with those around them who need them. If you have any questions about these subsidies, or want to know more, please feel free to share them in the comments section.

Through the sharing of this article, I hope that everyone can grasp these policies that benefit the people, reduce the financial burden for themselves or their relatives and friends, and jointly build a more harmonious society.