4050 refers to the flexible employees who have reached the 4050 standard (male over 50 years old, female over 40 years old) by December 31, 2011 and have no unit to pay social security, and can apply for the state social security subsidy. Generally, you can apply for 3 years. If you are 45 for a woman and 55 for a man, you can take 5 years to retire. In essence, 4050 is a kind of preferential policy of social security contribution, which has little influence on pension.
The amount of pension is related to many factors, such as payment period, payment base, retirement age, individual account balance and local social average wage. For the flexible employees, it is possible that the individual account pension will be paid less, and then the pension will be paid less, which is very normal.
However, the 4050 has little influence on other factors. The pension is calculated according to the previous calculation method. After receiving the social security subsidy, the cost of personal social security payment is reduced, and more money is earned than others.
The social security subsidy policy of 4050 can be subsidized for 5 years at most per person, and it can't be claimed after 5 years if it meets the requirements of 4050. For flexible employees, urban residents and enterprise employees, when they do not enjoy the 4050 subsidy, the calculation method of pension is the same. After the 4050, the pension does not have much impact.
The most direct impact of 4050 social security subsidy is that you pay less money and save costs, but this does not result in the balance of individual account less than the policy situation. If you have a low contribution base, a short contribution period, and you apply for retirement in an area with a low average wage, then the pension will become less.
The simplest principle of pension is to pay more. If it complies with the 4050 policy and is less than five years away from retirement, it is more cost-effective to receive one-off subsidies until retirement.
That's the answer to 'do 4050 pension less?', I hope it can help you.