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  • October 2, 2014
  • Last updated: 1:24pm
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  1. Comment - Letters

    Decisive action needed on retirement protection scheme

    Posted Sep 26th 2014, 04:47am by LETTERS

    ... Decisive action now needed on retirement protection scheme Hong Kong people have been waiting a long time for a retirement protection scheme. This issue has become more pressing given ... it is funded, I agree with the idea of retirement protection. Dating back to Tung Chee-hwa's administration, the government talked of the Confucian concept of the elderly being looked after ...

  2. Comment - Letters

    Retirement protection highly controversial and complex issue

    Posted Aug 26th 2014, 04:35am by LETTERS

    ... Retirement protection highly controversial and complex issue I refer to articles in the South China Morning Post on the subject of a universal pension and would like to put into proper perspective the background and scope of the study on the "Future Development of Retirement Protection in Hong Kong" completed by Professor Nelson Chow Wing-sun and his consultancy team. ...

  3. Business - Money - ASK MELANIE

    Ask Melanie: Can you retire on HK$10m?

    Posted Oct 15th 2012, 12:00am by Melanie Nutbeam

    ... retire on HK$10m? My wife and I will retire in a couple of years and will live off investments worth about HK$10 million. We aim to replace our salaries with dividends from blue chip stocks (30 ... the purchasing power of your income over your retirement years will be in decline. Your returns are sparse given the higher levels of risk with such concentrated holdings. You're planning to hold ...

  4. Employees deserve say on MPF, and soon

    Posted Oct 02nd 2010, 12:00am by Staff Reporter

    ... is needed to provide basic financial security in retirement to an ageing population that is living active lives for longer. And excessive fees and other costs and charges levied by fund managers can ... this flaw. From next year, employees were to be able to direct half their retirement savings- their own contributions- to a fund manager of their own choice, rather than accepting one chosen ...

  5. Grappling with grey power

    Posted Oct 29th 2008, 12:00am by Staff Reporter

    ... been non-means-tested until 1987, when the government relaxed the age limit from 70 to 65 in exchange for some political factions dropping their bid for a retirement protection scheme. ... but did not want to generate further arguments on the issue. The fruit money issue may be off the radar for the time being but the welfare sector and retirement protection advocates have other ...

  6. Comment - Insight & Opinion

    Above all, retirement scheme for Hong Kong must be fair and affordable

    Posted Sep 09th 2014, 02:15pm by DAVID LUI

    ... benefits. Thus, the MPF scheme can provide only short-term retirement protection at best. Last year, 43.5 per cent of the elderly population aged 65 and over were living below the poverty line. ... lives, their earnings will depend on their ability and opportunities, but not everyone will have the same chances. Providing retirement protection that is fair to all is a political imperative. ...

  7. Business - Economy - JAKE'S VIEW

    Retire these amateurish efforts at pension reform

    Posted Sep 01st 2014, 02:33pm by Jake Van Der Kamp

    ... Nelson Chow Wing-sun City, September 1 "Given that retirement protection is a highly complex subject... and have far-reaching impact on the fiscal sustainability and socio-economic ...

  8. News - Hong Kong - POVERTY

    Hong Kong General Chamber of Commerce says no to payments for retirement scheme

    Posted Aug 20th 2014, 04:14am by Phila Siu

    ... Kong's most influential business chambers says it opposes any retirement protection scheme that would require employers to inject money. Shirley Yuen, chief executive of the Hong Kong General ... the cost of running a business is not low," she said yesterday. A long-awaited study on retirement protection schemes by University of Hong Kong academic Nelson Chow Wing-sun, commissioned ...

  9. Business - Companies - WHITE COLLAR

    Scrap the MPF offset, which favours bosses unfairly

    Posted Mar 10th 2014, 02:13pm by Enoch Yiu

    ... 37 per cent of all withdrawals, more than the 30 per cent taken out by people leaving Hong Kong and the 28 per cent withdrawn by those taking early retirement. Chief Executive Leung Chun-ying ... If Leung and other government officials care about the retirement of employees, especially low income ones, they should put a stop to the offset. Bosses are also allowed to choose the MPF providers ...

  10. News - Hong Kong - SOCIETY

    Civic Party presses for retirement plan it says government report ignored

    Posted Aug 08th 2014, 05:28am by Jennifer Ngo

    ... be a choice for the people when retirement protection goes into public consultation," the Civic Party's Kwok Ka-ki said. Some have suggested the government's report, conducted ... Jennifer Ngo jennifer.ngo@scmp.com They say universal pension idea excluded from government analysis is sustainable and valid Civic Party presses for its retirement plan No extra taxes ...




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