'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
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.
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
