Chief Executive Leung Chun-ying promised five years ago but has yet to end the controversial Mandatory Provident Fund offset mechanism that costs workers billions. Photo: Dickson Lee Chief Executive Leung Chun-ying promised five years ago but has yet to end the controversial Mandatory Provident Fund offset mechanism that costs workers billions. Photo: Dickson Lee
Chief Executive Leung Chun-ying promised five years ago but has yet to end the controversial Mandatory Provident Fund offset mechanism that costs workers billions. Photo: Dickson Lee

Getting rid of the MPF offset mechanism would be the best legacy for CY Leung

Letting employers use their workers’ contributions to offset severance defies logic and is in no one’s interest

Topic |   Mandatory Provident Fund (MPF)
Chief Executive Leung Chun-ying promised five years ago but has yet to end the controversial Mandatory Provident Fund offset mechanism that costs workers billions. Photo: Dickson Lee Chief Executive Leung Chun-ying promised five years ago but has yet to end the controversial Mandatory Provident Fund offset mechanism that costs workers billions. Photo: Dickson Lee
Chief Executive Leung Chun-ying promised five years ago but has yet to end the controversial Mandatory Provident Fund offset mechanism that costs workers billions. Photo: Dickson Lee
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