'Govt Subsidy Won't Cover CSSA Allowances'
"); jQuery("#212 h3").html("
"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1439508_1_20190123121949.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1439508-20190123.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1439508-20190123.htm', 'DCS.dcsqry', '' ); } } }); }); });
2019-01-23 HKT 12:19
Share this story
Anthony Wong talks to RTHK's Janice Wong
The Hong Kong Council of Social Service said on Wednesday that a subsidy announced by the government to offset changes to CSSA welfare payment regulations is inadequate to compensate those affected by the new rules.
The council's business director Anthony Wong said when the eligibility age for the payments is raised from 60 to 65 in February, those who stop getting the CSSA payments will also be deprived of many allowances as well.
He said the subsidy of up to HK$1,060 offered by the government is not enough to cover this.
He said there are payments, such as for replacing glasses, which will not be available to them.
Wong also accused the government of making the changes without any consultations with groups like his.
"It was a shock for us when it was first announced in 2017," he said. Even after that we never had an opportunity to sit down and talk with the government about this, he said.
Wong told RTHK's Janice Wong that the government should have worked with various groups to encourage older people to find work.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more