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Over the past few years, reforming the retirement protection system in Hong Kong has aroused widespread interests and concerns among different sectors. The views on the universal pension schemes are divided. Facing the challenges of ageing population, and the urgent needs of hundreds of thousands of elderly living in poverty, Bauhinia supports a comprehensive retirement protection scheme that addresses elderly poverty and the insufficiency of Hong Kong’s existing retirement protection measures.
The submission is not available in English, please refer to its Chinese version.