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LegCo passes motion on retirement protection system
The Legislative Council today (Wednesday) passed by 28 votes to 21 a motion put forward by the Secretary for Education and Manpower, Mr Michael Leung, calling on the Government to introduce as expeditiously as possible a mandatory, privately managed occupational retirement protection system.
The Hon Jimmy McGregor's amendment to the above motion was defeated by 24 votes to six. The Hon Michael Ho moved a motion to adjourn the debate, but his motion was voted down by 31 to 18 votes.
The Council also debated and passed a motion moved by Dr the Hon Yeung Sum. The motion urged the Government to implement the Old Age Pension Scheme as soon as possible and expressed strong dissatisfaction at the Government for shelving the Scheme. The motion also called for the Government to put into immediate effect the increase of the Comprehensive Social Security Assistance payments for the elderly.
down.
The amendment moved by Dr the Hon KC Lam to this motion was voted
Meanwhile, a private member's motion moved by the Hon Albert Chan regarding rehousing of rooftop structure occupants was carried.
A motion on the Public Finance Ordinance put forward by the Secretary for the Treasury, Mr Donald Tsang, was also passed.
In addition, three bills were introduced for first and second readings. Debates on them were adjourned. The bills were the Tai Lam Tunnel and Yuen Long Approach Road Bill, the Credit Unions (Amendment) Bill 1995 and the Gas Safety (Amendment) Bill 1995.
End/Wednesday, March 8, 1995