Welfare chief Law Chi-kwong says more time is needed to work out details in the plan to abolish the MPF offset mechanism. Photo: Winson Wong
‘More than HK$15 billion’ may be spent to scrap MPF offset mechanism, Hong Kong welfare chief says
Dr Law Chi-kwong says the plan to stop bosses’ from dipping into workers’ pension funds for severance and long-service payments is still pending and promises more help for lower-income families
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Mandatory Provident Fund (MPF)
Welfare chief Law Chi-kwong says more time is needed to work out details in the plan to abolish the MPF offset mechanism. Photo: Winson Wong