Government May Suspend Welfare-to-work Penalty
"); jQuery("#212 h3").html("

"); });
2019-01-27 HKT 17:39
The government is considering a partial suspension of a scheme which penalises welfare recipients who refuses to take part in a scheme intended to help them find work.
The scheme covers people of working age who claim Comprehensive Social Security Assistance. It requires them to meet social workers who can help them find work, or lose HK$200 a month in welfare payments.
It's in the spotlight because more people will be claiming working-age CSSA when the government increases the minimum age for welfare for the elderly from 60 to 64 next month. Sources say it's this group who would be exempted from the penalty.
The news came as some 200 people joined a march to the Chief Executive's Office to demand the scrapping of the change in eligibility age for elderly welfare.
"This is certainly a punishment instead of an encouragement," Labour Party lawmaker Fernando Cheung said of the HK$200 penalty.
"We think this is totally unreasonable, and even if they were to scrap that HK$200 punishment, we would not accept this proposal.
"The entire proposal is a punishment for the elderly on CSSA anyway. We should not punish the old and the poor."
XTransfer Celebrates Milestone Of Over 1 Million Enterprise Clients
XTransfer shared that it has served more than one million enterprise clients since its founding in 2017. The B2B cross-... Read more
How Much Do Hong Kongs Biggest Banks Pay Their CEOs?
How much did it pay to run one of Hong Kong’s biggest banks in 2025? The answer varies sharply, and the numbers look ... Read more
DBS Hong Kong CEO Sebastian Paredes To Retire After 16 Years, Taiwan Chief Takes Over
Ng Sier Han will be the next DBS Hong Kong CEO. He takes over from Sebastian Paredes, who retires from executive duties... Read more
Hong Kong Founders Can Now Incorporate And Get Paid In One Application
Airwallex announced a corporate partnership with Air Corporate, a Hong Kong-based digital corporate service provider, i... Read more
Visa Tap To Pay Reaches Hong Kong Doorsteps In SF Express Deal
Visa announced a partnership with S.F. Express (Hong Kong) Limited (SFHK) to bring contactless card payment services to... Read more
Two Co-CEOs Take Over HSBC Insurance Leadership As Edward Moncreiffe Exits
HSBC has named two Asia-based executives as co-CEOs of its global insurance business. Daisy Tsang, CEO of HSBC Life Hon... Read more