In the four decades ahead, the number of people who are over 65 years old in Hong Kong will roughly double. Photo: AFP
Hong Kong retirees must depend on a patchwork of support in old age
Bernard Chan says no one pillar will be strong enough to fully provide for the elderly, a significant proportion of whom are poor, and one of the several schemes available may well be the most contentious – a universal pension
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Hong Kong's state-funded pension scheme
In the four decades ahead, the number of people who are over 65 years old in Hong Kong will roughly double. Photo: AFP