Social Security

'There's no free lunch,' says Chan of universal pension

Hong Kong's elderly need financial assistance. Photo: Nora Tam

Executive councillor Bernard Chan has urged the government to reveal how much a universal pension scheme would cost taxpayers, a move he says is needed to assist public debate.

Tuesday, 2 April, 2013, 4:16am

A sensible step towards a just society

Premier Wen Jiabao promised to 'resolutely reverse the widening income gap', with mixed success. Photo: Xinhua

In every nation there are people who have more than others, but on the mainland the gap is worryingly wide. Leaders have long been mindful of the need to lessen the divide, their efforts spurred by a rising tide of protest against injustice and corruption. China's size and complexity makes the challenge daunting and measures taken so far have not approached the heart of the problem. A 35-point plan unveiled by the State Council appears more promising, the proposals outlined offering a blueprint for tackling inequality.

18 Feb 2013 - 1:55am 1 comment

Indonesian workers protest against benefits tax

Workers in Jakarta protest against the social security law. Photo: Xinhua

Thousands of Indonesian workers have taken to the streets to protest against low wages and having to pay for social security services.

Jakarta police spokesman Colonel Rikwanto said several thousand labourers rallied on Thursday near the presidential palace in the capital, Jakarta, before marching peacefully to the parliament building.

22 Nov 2012 - 3:59pm

Old people's welfare a top priority, Carrie Lam says

Chief Secretary Carrie Lam

Retirement protection will receive attention from top echelons of the government under a new working group to be chaired by Chief Secretary Carrie Lam Cheng Yuet-ngor, she said yesterday.

14 Oct 2012 - 11:22am

Fraudsters cost social security fund 1.7b yuan

A national audit has uncovered social security fund fraud involving 1.7 billion yuan (HK$2.09 billion) and more than 300 people.

15 Aug 2012 - 10:54pm

Help for elderly must not end at stopgap measures

The week before last, Chief Executive Leung Chun-ying announced an interim package of welfare measures. Perhaps inevitably, some critics claimed it was just an attempt to divert attention from the allegations flying around the new administration.

27 Jul 2012 - 12:00am

End small-house policy, says Lam

The candidate favoured to become the next chief secretary is calling for an end to what some see as the infinite demand from rural indigenous villagers for homes under the small-house policy.

11 Jun 2015 - 4:33pm

The real prize of a wage rise is lower jobless rate

'When we hear unions promoting a fight for HK$33 or HK$35 [hourly wage], I would like to ask if nowadays there is any sort of job that would see an 18 per cent increase every two years.'

Stanley Lau, Federation of HK Industries SCMP, April 30

1 May 2012 - 12:00am

New policy still fluid

Foreign nationals working on the mainland are now required to pay social security tax, but there is still confusion over the interpretation and implementation of the new policy, which became effective last October.

28 Mar 2012 - 12:00am

Working poor miss out on budget help

John Tsang Chun-wah may be congratulating himself on having delivered a budget which is the envy of finance ministers the world over. He dished out goodies worth HK$80 billion to appease an ever-demanding community, while keeping a robust reserve of more than HK$660 billion to weather the economic storm ahead.

5 Feb 2012 - 12:00am

Progress seen in expat social security scheme

The Ministry of Human Resources and Social Security said yesterday a new law that requires expatriate workers on the mainland to make social security payments was proceeding 'in an orderly manner', despite strong opposition among the business community.

21 Jan 2012 - 12:00am

Minimum wages rise by average of 22pc

The Ministry of Human Resources and Social Security says 24 provincial or regional governments have raised minimum wages by an average of 22 per cent this year amid official concerns over social unrest stemming from mounting labour disputes.

30 Dec 2011 - 12:00am

DAB has cheaper option to help elderly at no extra cost to taxpayer

Chief Executive Donald Tsang Yam-kuen's popularity reached a record low earlier this year, due chiefly to continued price rises in the property market and the widening gap between rich and poor.

However, following his pledge in his policy address to tackle housing problems his popularity ratings improved.

8 Nov 2011 - 12:00am

Danger in rushing through new tax

If there is a way of imposing a new tax that is better than all the others, it is not to be found in Beijing's bungled social security tax on foreign workers. If mainlanders were affected the government would be the butt of online jokes. But the continuing uncertainty and confusion is no laughing matter to 230,000-odd foreign work-permit holders and their employers.

2 Nov 2011 - 12:00am

Talking points

Our editors will be looking ahead today to these developing stories ...

State funeral for Crown Prince Sultan of Saudi Arabia

25 Oct 2011 - 12:00am