An elderly woman walks past a root-covered wall in Kennedy Town in April 2017. Roughly 18 per cent of Hong Kong’s population are aged over 65. Photo: Nora Tam
Stephen Vines
Opinion

Opinion

The View by Stephen Vines

Hong Kong’s public annuity scheme offers the elderly no bang for their buck and ignores the poor

Stephen Vines says the scheme gives a lower return on investment than other financial instruments, does not account for inflation and fails to tackle elderly poverty

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An elderly woman walks past a root-covered wall in Kennedy Town in April 2017. Roughly 18 per cent of Hong Kong’s population are aged over 65. Photo: Nora Tam
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