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Starting from 1 November, except for exempted persons, all persons will be required to use the LeaveHomeSafe application to scan the venue QR code before they are allowed to enter LCSD offices and venues, including the Hong Kong Public Libraries. Details

Retirement Security for the Elderly in Hong Kong

Retirement Security for the Elderly in Hong Kong

Date & Time: 2021/12/04 (Saturday) 03:30 p.m. - 05:30 p.m.
Venue: Hong Kong Central Library (Lecture Theatre, G/F)
Speaker: Prof. CHAN Wai Sum (Professor, Department of Finance, The Chinese University of Hong Kong)
Prof. CHOU Kee Lee (Associate Vice President (Research) and Chair Professor of Social Policy, Department of Asian and Policy Studies, The Education University of Hong Kong)
Organiser: Jointly organised by the Hong Kong Public Libraries and Research Grants Council of University Grants Committee
Remarks: Topic 1: Population Ageing in Hong Kong: Implications for Planning Health Services and Financing Retirement Security
Topic 2: Income Protection and Poverty Reduction in the Aged Population

Conducted in Cantonese.
Free admission. First come, first served.

Interested parties can watch the live broadcast of the lecture through the Multimedia Information System of the Hong Kong Public Libraries via the internet (http://mmis.hkpl.gov.hk).

If online participants would like to raise questions to the speakers, they can send email with the heading of “Questions for speakers” to rgc@ugc.edu.hk during the live broadcast of the lecture (4 December 2021 3:30pm to 5:15pm). The questions will be passed to the speakers for feedback during Q&A session.
Enquiry Telephone Number: 2921 0222

SUMMARY

Topic 1: Population Ageing in Hong Kong: Implications for Planning Health Services and Financing Retirement Security

The twentieth century witnessed an unprecedented extension of human longevity around the world. However, the prospects of longer lives have led to concern over their implications for social, financial, health care and retirement systems. With one of the world’s longest life expectancies at birth (88.1 for women, 82.2 for men in 2019), Hong Kong is now ageing faster than many other regions. In this lecture, we present research studies on the effects of longevity on health, disabilities and retirement security. Our findings have influenced the development of reverse mortgages, annuities, voluntary health insurance scheme and long-term care insurance in Hong Kong.

Topic 2: Income Protection and Poverty Reduction in the Aged Population

Despite its relative prosperity, Hong Kong is a rapidly aging society with an exceptionally high poverty rate in old age. Addressing this has become a major priority for policy makers so that the well-being of elderly people can be improved while the burden on public finances can be managed in a sustainable manner. Prof CHOU Kee Lee’s research led to more understanding on the limitations of the current official poverty line and provide a more balanced view on the debate on the pros and cons of universal and more targeted pension schemes.