Urban and rural residents pension insurance In 2015, the urban and rural residents pension insurance was adjusted to increase 120 yuan per person per month. The per capita monthly pension at the end of 2015 reached 849 yuan.
Minimum Subsistence Allowances for Rural Residents Starting from April 1, 2015, the minimum subsistence allowances standard for urban and rural residents in Shanghai was adjusted on a unified basis of 790 yuan per person per month, and Shanghai was the first realizing the target of unifying the minimum subsistence allowances standard for urban and rural areas at the provincial level in the country. In 2015, the income criterion of low-income families in urban and rural areas of Shanghai was adjusted on a unified basis as monthly per capita disposable income below 1580 yuan.
New Rural Cooperative Medical Insurance In 2015, the individuals participating in the new rural cooperative medical insurance reached 959,800, with a participation rate of 99%. The municipal financial subsidy increased from per capita 120 yuan to per capita 260 yuan, per capita financing was raised from 1600 yuan in the previous year to 1800 yuan; and the payment ratio of hospitalization expenses within the policy scope amounted to 75%. In 2015, the total amount of financing by new rural cooperative medical insurance was 2.019 billion yuan, and the participating farmers got compensation from new rural cooperative medical insurance for 17.014 million person-times.