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URPS’s effectiveness being doubted

出自香港新聞網 - 樹仁新傳系學生實習習作

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盧佩儀 12/3/2013

CEO of Yan Oi Tong thinks that the universal retirement protection scheme (URPS) is not the best solution to helping the elderly out of poverty, but nevertheless, the scheme will not affect the operation of local charities.


Lu Tak Ming, CEO of Yan Oi Tong indicated that URPS Has been established in Europe over half of A century. However, this scheme put great burden on government expenditure. Acommpanied by the increasing need of the locals, countries finally faced crisis of debt, especially for those small countries like Spain and Greece.


Back to the situation of Hong Kong, Lu pointed out that there is a small tax income which may not be able to support the scheme. Therefore, he cannot agree that the scheme is the best solution to the problem of elderly poverishment. As this will be a long-term policy, a serious and detailed discussion Should be open to the public.


However, even UPRS will be carried out, Lu believed that it will not overlap with the work of local charities. "We do not only provide financial supports to elderly," said Lu "but but also health and family supports."

--105137 2013年3月12日 (二) 23:04 (UTC)

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