Yet not, these types of agreements, and individual coupons, be seemingly lower than enough to meet the needs from really retired people

Particular researchers keeps advised the financial issues considering a keen ageing Hong-kong people would be looked after from the encouraging center-old individuals policy for retirement. Hong-kong is now offering a low-statutory advice package, the fresh new Complete Public Protection Guidance System (CSSA), which gives means-examined basic passions positive points to the brand new needy, and the Compulsory Provident Financing (MPF), that’s a retirement plan where companies and you may group per lead at least 5 per cent off an effective worker’s month-to-month earnings toward finance. Continue Reading