The first day of registration for the public annuity scheme started off slowly with only a few retirees queuing up at HSBC’s Mong Kok branch. Photo: Nora Tam

Few takers for US$1.27 billion annuity plan as Hong Kong retirees complain returns don’t justify investment

Gripes range from ‘returns are too low’ to ‘I’ll have to live until I’m 100 to benefit from the scheme’, while some would rather keep their money in the pocket

Topic |   Hong Kong's state-funded pension scheme

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The first day of registration for the public annuity scheme started off slowly with only a few retirees queuing up at HSBC’s Mong Kok branch. Photo: Nora Tam
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