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What are the economic consequences of Hong Kong’s retirement boom? What sort of retirement plans are viable and acceptable to employers, employees and the government? Drawing on the experience with social security systems in many countries, this book evaluates Hong Kong’s pay-as-you-go (PAYG) proposal, Singapore’s central provident fund (CPF) scheme, and the mandatory provident fund (MPF) plan.
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What are the economic consequences of Hong Kong’s retirement boom? What sort of retirement plans are viable and acceptable to employers, employees and the government? Drawing on the experience with social security systems in many countries, this book evaluates Hong Kong’s pay-as-you-go (PAYG) proposal, Singapore’s central provident fund (CPF) scheme, and the mandatory provident fund (MPF) plan.