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

Topic |   Mandatory Provident Fund (MPF)

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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
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