Families with deposits exceeding 6.5438+0.5 million yuan cannot apply for subsistence allowances.
The "Regulations on Defining the Checking Base of Financial Assets of Families Applying for Minimum Living Security" discussed and adopted by the executive meeting of the government clearly stipulates that from next year, financial assets including bank deposits need to be checked when applying for minimum living security. This also means that Suzhou has realized the accurate verification of the "car, house and ticket" of the applicant for assistance, which is the first case among prefecture-level cities in China.
The check base of financial assets of families applying for subsistence allowances refers to the maximum amount of total financial assets held by families applying for subsistence allowances. Financial assets include the sum of deposits, wealth management products, stocks, funds, bonds, insurance and trust account balances of family members applying for subsistence allowances in banks, securities, insurance, trusts and investment institutions.