18
WEDNESDAY, SEPTEMBER 26, 1990
BETTER SEVERANCE PAY PROTECTION DISCUSSED
* * *
UNDER
THE LABOUR ADVISORY
PROPOSAL TO INCREASE THE COVERAGE PROTECTION OF WAGES ON INSOLVENCY FUND.
PROPOSAL, THE
BOARD
TODAY OF SEVERANCE
(WEDNESDAY)
DISCUSSED PAYMENT UNDER THE
A
AN EMPLOYEE'S
ENTITLEMENT UPON THE INSOLVENCY OF THE EMPLOYER WILL BE TO A MAXIMUM OF $8,000 AND 50 PER CENT OF $8,000.
ANY AMOUNT
SEVERANCE PAYMENT
INCREASED UP OF IN EXCESS
EXTENT OF
WAS COVERAGE INCOME GROUP FINANCIAL PROTECTION,
THE BOARD WAS TOLD THAT THE PROPOSED CONSIDERED REASONABLE AS IT WOULD ENSURE THAT THE LOWER OF EMPLOYEES, WHO WERE USUALLY MORE IN NEED OF WOULD GET FULL COVERAGE OR A RELATIVELY HIGH PERCENTAGE OF COVERAGE.
TO ENABLE THE FUND TO MEET THE ADDITIONAL
FROM THE
INCREASED THAT THE
OF COVERAGE
RATE
OF
EXPENDITURE ARISING IT WAS ALSO REGISTRATION
PAYMENT, BUSINESS
SEVERANCE LEVY ON EACH PROPOSED CERTIFICATE SHOULD BE INCREASED FROM $100 TO $250.
BOARD
ACCEPTED
EXPRESSED
PROPOSAL THE THE MEMBERS OF
AT THE MEETING. ΤΟ THEIR VIEWS SUBJECT UNDERTOOK TO REPORT THEM BACK TO THE EXECUTIVE COUNCIL.
IN
PRINCIPLE,
THE CHAIRMAN
MEMBERS ALSO EXPRESSED THEIR VIEWS ON THE OCCUPATIONAL SCHEMES (COMMERCE, TRADE AND INDUSTRY ETC) BILL 1990.
77TH
A REPORT ON HONG KONG'S PARTICIPATION IN THE THE INTERNATIONAL LABOUR CONFERENCE 1990 WAS PRESENTED FOR MEMBERS' INFORMATION.
PENSION
SESSION OF TO THE BOARD
ENDORSED THE RECOMMENDATION
INTERNATIONAL LABOUR
THAT HONG KONG
AS CONFERENCE
A
THE BOARD ALSO WOULD CONTINUE TO ATTEND THE TRIPARTITE TEAM.
0
109 VBP RETURN TO VIETNAM
A GROUP OF 109 RETURNED TO VIETNAM PROGRAMME.
UNDER
VIETNAMESE
THE
BOAT UNHCR'S
VOLUNTARY
PEOPLE TODAY (WEDNESDAY} REPATRIATION
COMPRISING 36 MEN, 32 WOMEN, 25 BOYS AND 16 THE 34TH BATCH TO GO BACK UNDER THE PROGRAMME.
GIRLS, THEY WERE
SO FAR, A TOTAL OF 4,453 VIETNAMESE BOAT PEOPLE VOLUNTARILY.
HAVE RETURNED
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