Hong Kong’s Mandatory Pension Fund covers some 4.5 million workers in the city. Photo: Martin Chan
Hong Kong’s Mandatory Pension Fund covers some 4.5 million workers in the city. Photo: Martin Chan
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

No cause to celebrate as failed MPF scheme marks 20 pitiful years

  • The only winners to come out of Hong Kong’s pension plan are fund managers and bosses, not the workers whose meagre returns mean they cannot afford a dignified post-retirement life

Hong Kong’s Mandatory Pension Fund covers some 4.5 million workers in the city. Photo: Martin Chan
Hong Kong’s Mandatory Pension Fund covers some 4.5 million workers in the city. Photo: Martin Chan
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