TNAG-1728-FCO40-2441-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1988 — Page 189

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

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emigrate from Hong Kong.

welcome Government's intention to have leg- islation to monitor and regulate provident fund schemes for our working community.

the

is the

that

نقبه

In

absence of a central provident fund scheme such at least should be done by Govern- ment. To encourage our working population to have some sort of savings schemes for their old

grain age and bearing in mind the continued growing of our population during to better living env- ironment and other factors, I suggest that Government introduces the following measures: a) employees contributions to private provi- dent funds be exempt from personal taxation up to a maximum amount of $5,000 $10,000 per

annum,

ed

b) Government should consider setting up a plan, a long-term plan to make it compulsory, within five years or so, the participation by our working population jointly with employers in any approved non-government provident fund. The Central Committee on services to the elderly has been set up to review the policy on services to the elderly in the light of social changes and the changing needs of the elderly. More could be done to organise careers' support groups for the elderly, and more seminars whereby such groups can share knowledge and skills, and exchange experiences. There is a strong tendancy for senior citizens to want to remain active either in some gain- ful work or community activity after retire-

to ment at age 55

60.

The Central Committee

on services to the elderly might wish to give more priority to this issue. An important objective of the Committee should be to

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