TNAG-1727-FCO40-2440-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1988 — Page 289

- 3.

-

<) completo the redevelopment programme of the

older rental

estates by the end of the century of the early part of the next century.

the demand-led strategy of the

A final observation on the

л

reorganized Housing Authority, with rising living standard and changing living habits, the trend is for retired citizens to live independently rather than with their

children

or close relatives, With

no national pension scheme

measure of financial

or central provident fund to give a

of security in their old age,

many

our

senior

citizens

now

look to the Housing Authority to provide them with a roof in a pleasant environment where they can peacefully enjoy their old age.

Sir, I support the motion.