Two-thirds of top civil servants will reach retirement age in the next decade, raising fears that they will be replaced by inexperienced staff and prompting calls by lawmakers for the compulsory retirement age of 60 to be raised.Tuesday, 17 April, 2012, 12:00am
Like a bad marriage, a broken employment agreement can be a nightmare, especially if one party is fiercely guarding its turf. A clear pre-employment agreement can help clear the clouds, particularly those involving sensitive issues, such as post-termination restrictions.23 Jul 2011 - 12:00am
For many, retirement is looked upon as a time to have the freedom to rest, travel or pursue hobbies, while for others it opens the way for numerous possibilities, including the opportunity to carry on working.13 Dec 2010 - 12:00am
Retirees move over, the 'nevertirees' are here.
In Hong Kong and other parts of the world, a large number of wealthy individuals plan to continue working despite being able to afford retirement, according to a report by Barclays Wealth.9 Oct 2010 - 12:00am
Six in every 10 Hong Kong people believe that the Mandatory Provident Fund fails to address their retirement needs, a Hong Kong Polytechnic University survey has found.
SCMP, Sept 812 Sep 2010 - 12:00am
In the government's mindset 60 is the age to retire. In 1987, rightly raised civil servants' retirement age from 55 to 60. But despite having an ageing population, the administration has been reluctant to raise it to 65.23 May 2010 - 12:00am
Traditional Chinese ideas that children should support their elderly parents appear to be breaking down, a poll by a bank has indicated.
More than half the respondents to a survey of 2,139 Hongkongers in May said parents should be financially independent after retirement and not rely on their children.3 Jul 2009 - 12:00am
Hong Kong Airlines laid off 55 workers yesterday, citing a business restructuring rather than the financial situation as the reason.
The Hong Kong Confederation of Trade Unions said workers contacted it yesterday afternoon after about 50 of them received letters from the airline saying their jobs were being terminated with immediate effect.10 Jan 2009 - 12:00am
The government yesterday won HK$2.6 million in damages from a former cleaning services contractor for the Leisure and Cultural Services Department after a judge held the contract was legally terminated.
Recorder Kenneth Kwok Hing-wai ruled in the Court of First Instance yesterday that the government had been entitled to terminate the contract.10 Sep 2008 - 12:00am
Call to extend retirement age
Nearly 40 per cent of Hong Kong people hope to extend their retirement age, a recent study has found.13 Jun 2008 - 12:00am