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Hong Kong: Offsetting Mechanism Against Severance Payment Scrapped

Hong Kong: Offsetting Mechanism Against Severance Payment Scrapped
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Hong Kong Finally Passes Bill Abolishing "Offsetting Mechanism" of the Mandatory Provident Fund Scheme | Perspectives & Events

After years of discussion, the Hong Kong Legislative Council finally passed the Employment & Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Bill 2022 on 9 June 2022 that will eventually abolish the statutory right of an employer to reduce its long service pay or severance pa. ....

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Weekly Exclusive Selection | What is the role of Hong Kong in the ongoing financial war between China and the United States?

Weekly Exclusive Selection | What is the role of Hong Kong in the ongoing financial war between China and the United States?
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Hong Kong Government Passes Amendment Bill on Abolishing MPF Offsetting Arrangement

On 9 June 2022, the Hong Kong Legislative Council passed the Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Bill… ....

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Hong Kong's Legislative Council approves Cancellation of MPF Offsetting

On 9 June 2022, the Legislative Council passed the Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Bill, which… ....

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