Retirement Income Protection in Hong Kong

Iris Chi

No 200, Discussion Paper from Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University

Abstract: This paper gives background information on work, retirement, and labor force participation in Hong Kong. A brief development of social security is described followed by introducing the current retirement income protection programs in Hong Kong. The paper also discusses the financial disposition of current older adults and the soon-to-be old generation. These discussions raise the potential problems of the retirement income protection schemes. Finally, this paper provides recommendations for improving the existing schemes and proposes a study plan which tries to devise a sustainable financial support system for older adults in Hong Kong.

Pages: 18 pages
Date: 2004-02
Note: International Conference on Pensions in Asia: Incentives, Compliance and Their Role in Retirement, Organised by PIE and COE/RES, Hitotsubashi University, Hitotsubashi Collaboration Center, Tokyo, Japan, 23-24 February 2004
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Persistent link: https://EconPapers.repec.org/RePEc:hit:piedp1:200

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