• Saturday
  • October 25, 2014
  • Last updated: 5:59am
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 10 of 13 for mpf

Search results

  1. Officials in the firing line as two Tsangs get a truly gritty makeover in spoof movie poster

    Posted Mar 05th 2011, 12:00am by Alex Lo

    ... respectively, Chief Executive Donald Tsang Yam-kuen and finance chief John Tsang Chun-wah. The government's U-turn on the budget regarding its planned HK$6,000 MPF injections, having been ...

  2. If you want to please, John, treat us equally

    Posted Mar 01st 2011, 12:00am by Enoch Yiu

    ... and unequal treatment. Of the seven million people in Hong Kong, only 2.4 million have MPF accounts. This means housewives, age pensioners and civil servants will not get the HK$6,000. Even those who have an MPF are not happy. A 20-year-old worker will have to wait 45 years until retirement to get the HK$6,000 giveaway. Employees may get the money in the end, but they will also need to pay ...

  3. Budget backlash forces an about-turn

    Posted Mar 01st 2011, 12:00am by Gary Cheung, Tanna Chong

    ... government-friendly parties yesterday, the finance chief appeared set to backtrack on injections into MPF retirement schemes and offer new sweeteners for people on low pay. If Tsang does make concessions ... the issue of whether civil servants were entitled to the MPF injection. The finance chief's about-face came two days after he said there was little room for negotiation. With pan-democrat ...

  4. Public Eye

    Posted Mar 16th 2011, 12:00am by Michael Chugani

    ... leaders hear. Our money-grabbing fund managers have been taking - Public Eye calls it stealing - 2 per cent of your MPF retirement savings in administration fees. That's what they demanded when the MPF was created. The government listened - and heard. Every survey shows the people feel the fee is obscenely high. The latest one showed 80 per cent of those polled felt they were ...

  5. What Wen should have added in HK message

    Posted Mar 19th 2011, 12:00am by Staff Reporter

    ... It was not, of course, to be compared with John Tsang Chun-wah's spectacular budget U-turn, in which a HK$6,000 handout to all permanent residents replaced a deposit of the same amount in MPF ...

  6. Knee-jerk government the last thing we need

    Posted Mar 26th 2011, 12:00am by Staff Reporter

    ... in an allocation of HK$24 billion to MPF accounts. Anger that the measure did not allow people to benefit immediately resulted in that being changed to the HK$6,000 payment to all permanent residents, ...

  7. Administration getting down to its last chance

    Posted Mar 11th 2011, 12:00am by Staff Reporter

    ... to another- from opting to place money in people's MPF accounts rather than giving tax rebates or cash handouts in order to avoid worsening inflation, to giving away cash as if it were the Lunar ...

  8. Budget U-turn distorts purpose of paying tax

    Posted Mar 03rd 2011, 12:00am by Staff Reporter

    ... inflation will always be debated. But while the public may have questioned the wisdom of the original plan in favour of rates relief and MPF injections against tax rebates, one at least expects ...

  9. What a relief... for middle class

    Posted Feb 02nd 2012, 12:00am

    ... billion MPF injection was scrapped in favour of a HK$6,000 cash handout to the city's adult permanent residents, worth HK$37.9 billion. This year's budget was tempered by the gloomy ...

  10. 'A big surplus won't occur every year'

    Posted Feb 28th 2008, 12:00am by Staff Reporter

    ... will be granted a one-off injection of HK$6,000 for their MPF accounts, while recipients of the old-age allowance will receive a one-off grant of HK$3,000. Despite the largesse, Mr Tsang said the second ...




SCMP.com Account