"My proposal is this. With effect from January 1, 2015, every Hong Kong citizen aged 70 or above will be entitled as of right to enjoy a pension paid by a new statutory body to be set up for the...
- Mon
- Mar 4, 2013
- Updated: 8:06am
Trending topics
3 Mar 2013
If two different forecasts made by our statisticians over the space of just two years can barely get within half a million people of each other for the year 2039 and entirely ignore an external...
5 comments
17 Dec 2012
As Hong Kong crawls towards providing better support for the elderly poor, we still have nothing resembling a universal pension scheme. For most people who are neither rich nor poor, providing for...
14 Dec 2012
When psychiatrist Gertrudis Agcaoili retired last year from a state mental hospital in Napa, California, she took with her a US$608,821 cheque for unused leave banked in a career that spanned...
29 Nov 2012
The whole point about the Mandatory Provident Fund scandal is that the MPF never at any time relied on market forces to set fee levels.
The Employee Choice Arrangement has arrived, so workers may move the money in their Mandatory Provident Funds, but with restrictions. They may move only their own contributions, not the money paid...
Just under a quarter of the mainland's elderly residents survive on pensions, while more than 40 per cent seemingly rely on family members, according to new official figures.
Hong Kong's strong tradition of respect for the elderly is truly admirable and is reflected in the passion with which the old-age allowance has been defended over the years by our community, which...
Squeezed by financial markets and denounced in the streets, Spain's government is due today to adopt an austerity budget which could be a precursor to a full bailout.
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