Government May Suspend Welfare-to-work Penalty

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2019-01-27 HKT 17:39

Share this story

facebook

  • Government may suspend welfare-to-work penalty

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."

RECENT NEWS

Is Hong Kongs Default Life Insurance Choice A Wealth Drain?

Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more

RedotPay Secures $107M Series B, Total Funding Hits $194M

RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more

91% Of Hong Kong Merchants Lose Revenue To Payment Friction

Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more

Do Kwon Faces Possible Trial In Korea After US Conviction

Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor... Read more

Startale, SBI Holdings To Develop Japans Regulated Yen Stablecoin

Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denomina... Read more

KakaoBank Expands In Indonesia Through Superbank Partnership

KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partners... Read more