7.
Rodifications suggested for the proposed scheme
(a) Sickness benefits
The two relatively more common suggestions were: (1) the scheme to
provide income allowance to participants sick for more than four months;
(2) the income allowance provided by the scheme should exceed half of
their monthly salary. (page 50)
() Life insurance
(c)
The most common suggestion was to increase the sum assured. (page 51)
Retirement benefits
The two relatively more common suggestions were: (1) the lump sum
payable on retirement should exceed six months' salary; (2) the
retirement benefits should increase proportionally with the period of
participation. (page 52)
(d) Housing loan facilities
The two relatively more common suggestions were: (1) to increase
the maximum amount of loan; (2) the interest rate should be low. (page 53)
Level of contribution
55.9% were not prepared to pay more than 2% of their salary as
contribution even if the modifications they suggested to the scheme were
implemented. As regards those willing to pay more, the maximum percentage
of salary they were prepared to pay as contribution averaged 5.3%. (page 54)
8.
Sharing of responsibility
(a) Sickness benefits
43.1% considered that the employer should shoulder the full
responsibility.
47.2% considered that such responsibility should be shared
between employer and employee. (page 55)
(b) Retirement benefits
56.2% considered that the employer should shoulder the full
responsibility.
33.5% considered that such responsibility should be shared between
employer and employee. (page 55)
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