Recently Shanghai social pension system reform has achieved great progresses：（1）has moderately reduced enterprises contribution rate at the right moment；（2）has increased the retiree pension further；（3）has enlarged the pension coverage further；（4）has increased the total pension income further；（5）has advanced the pension sustainable development capacity. However，there are still existed some problems：（1）delay or escape in payment to the contribution of Shanghai urban pension system still exist；（2）the return of investment for the huge social pension fund is still in very low level；（3）the continus 11 years increase of pension brings some negative effects. Therefore，we put up some suggestions respectively：（1）to establish the normal adjustment mechanism for basic pension；（2）to strengthen the collection and management for basic pension；（3）to elevate the investment return for Shanghai social pension funds；（4）to elevate moderately the allocation proportion of state-owned assets divident in the field of Shanghai social pension funds；（5）to put urban basic pension from local pooling to national pooling.