Virgin Airline cabin crew in Hong Kong affected by layoffs protest against the MPF offset mechanism in December 2015. The average administrative fee is still 1.56 per cent a year, not including brokerage and other costs. Photo: Edward Wong
Opinion
Opinion
Jake's View
Time for Hong Kong to start over with a simpler, cost efficient MPF
Virgin Airline cabin crew in Hong Kong affected by layoffs protest against the MPF offset mechanism in December 2015. The average administrative fee is still 1.56 per cent a year, not including brokerage and other costs. Photo: Edward Wong