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Allowance appliers are subject to financial check
By Lu Feiran |
February 1, 2012, Wednesday
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Online Edition
Online Edition
PEOPLE applying for basic living allowances are subject to a financial check by an official verification system starting this year, Shanghai Civil Affairs Bureau said yesterday.
The same system has verified the economic backgrounds of those who applied for low-rent apartments or budget housing. The system will double-check an applicant's income and assets, including real estate property, bank savings, and financial assets.
The bureau said about 24 percent of people applying for low-rent apartments and 9 percent of those for budget housing didn't pass the check, which showed that the system is working well.
At present, about 390,000 Shanghai residents receive basic living allowances, accounting for 3 to 4 percentage of the registered population. The verification system can ensure fair distribution of public resources, the bureau said.
The same system has verified the economic backgrounds of those who applied for low-rent apartments or budget housing. The system will double-check an applicant's income and assets, including real estate property, bank savings, and financial assets.
The bureau said about 24 percent of people applying for low-rent apartments and 9 percent of those for budget housing didn't pass the check, which showed that the system is working well.
At present, about 390,000 Shanghai residents receive basic living allowances, accounting for 3 to 4 percentage of the registered population. The verification system can ensure fair distribution of public resources, the bureau said.
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