Retirement Income Protection in Hong Kong

International Conference on Pensions in Asia: Incentives, Compliance and Their Role in Retirement, Organised by PIE and COE/RES, Hitotsubashi University, Hitotsubashi Collaboration Center, Tokyo, Japan, 23-24 February 2004This paper gives background information on work, retirement, and labor force participation in Hong Kong. A brief development of social security is described followed by introducing the current retirement income protection programs in Hong Kong. The paper also discusses the financial disposition of current older adults and the soon-to-be old generation. These discussions raise the potential problems of the retirement income protection schemes. Finally, this paper provides recommendations for improving the existing schemes and proposes a study plan which tries to devise a sustainable financial support system for older adults in Hong Kong.科学研究費補助金（特定領域研究） = Grant-in-Aid for Scientific Research on Priority Areas16 p