The Hong Kong Business Community Joint Conference, an alliance representing 114 business chambers, rejected the government proposal to stop employers dipping into pension funds to pay for severance and long-service payments. Instead, business owners want officials to offer more subsidies indefinitely. Photo: Dickson Lee 

Blame Hong Kong’s selfish employers for the deadlock on MPF offsetting mechanism

Albert Cheng says workers deserve a fairer deal, and employers who have benefited from the arrangement over the past 18 years should not stand in the way of the government doing the right thing now 

Topic |   Mandatory Provident Fund (MPF)

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The Hong Kong Business Community Joint Conference, an alliance representing 114 business chambers, rejected the government proposal to stop employers dipping into pension funds to pay for severance and long-service payments. Instead, business owners want officials to offer more subsidies indefinitely. Photo: Dickson Lee 
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