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Chua Hoi Wai: worried that the Universal retirement protection scheme would blow up

出自香港新聞網 - 樹仁新傳系學生實習習作

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Chua Hoi Wai, Chief Executive of The Hong Kong Council of Social Service, worried that the Universal retirement protection scheme would blow up due to the breakdown of negotiation between the government and civic parties.


Chua said, the existing MPF could only beneficial to the salaried men, while the elderly received limited support. The high management fee, hedging mechanism, longevity risk and rates of return would derive problems, so it was not appropriate for a retirement plan. He suggested to establish a universal pension program as one of the retirement plan.

--135075 2016年4月5日 (二) 18:33 (UTC)

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