Residents pension insurance In 2016, the urban and rural residents pension from basic endowment insurance was increased by 90 yuan per person per month, from 660 yuan to 750 yuan, ranking at the top in the country.
Minimum Subsistence Allowances for Rural Residents Starting from April 1, 2016, the minimum subsistence allowances standard for urban and rural residents in Shanghai was adjusted from 790 yuan per person per month to 880 yuan per person per month, an increase of 90 yuan with a magnitude of 11.39%. The daily living expense standard of people with special difficulties was adjusted from the minimum of 1030 yuan per person per month to the minimum of 1150 yuan per person per month.
New rural cooperative medical system On January 1, 2016, the urban resident medical security system and new rural cooperative medical system were combined in Shanghai, and the unified medical security system for both urban and rural residents was implemented. The per capita financing was raised from 1800 yuan in 2015 to 3000 yuan; the hospitalization expenses covered by policy can be reimbursed up to 75%, and the burden on individual can be reduced by about 10 percentage points.