Tse Chin-pang is a 73-year-old retiree. He says despite having money in savings, he would not invest in the government’s annuity scheme. on the annuity scheme to be launched by the middle of next year. Picture shows Tse takes a walk at North Point street market. 11APR17 SCMP/Photo: Felix Wong

‘I can only dream’: annuity scheme either not enough or out of reach for many of Hong Kong’s elderly

Some say it is only a ‘gimmick’ with low return prospects, while others say it is unaffordable

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Tse Chin-pang is a 73-year-old retiree. He says despite having money in savings, he would not invest in the government’s annuity scheme. on the annuity scheme to be launched by the middle of next year. Picture shows Tse takes a walk at North Point street market. 11APR17 SCMP/Photo: Felix Wong
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