Although not, these types of agreements, and individual offers, seem to be less than enough to meet the needs regarding extremely retirees
Specific boffins has recommended that economic dilemmas due to an aging Hong kong inhabitants is going to be cared for by the promising center-aged individuals to plan for senior years. Hong-kong presently has a low-legal guidance plan, the brand new Complete Public Shelter Direction Scheme (CSSA), that provides mode-examined very first welfare advantageous assets to the latest needy, and also the Compulsory Provident Finance (MPF), that is a retirement scheme in which businesses and you will teams each lead at least 5 per cent out-of a worker’s monthly earnings into the funds. (more…)