What did the CPU’s 2011 retirement research conclude?
July 2011 LegCo papers showed the Central Policy Unit had spent three years studying retirement protection, judging the “three pillars” — CSSA, MPF and private savings — fiscally sustainable, while ordering more focus groups and a territory-wide household survey. Activists accused the government of stalling “three years after three years” with no will for universal retirement protection.
What are the three pillars?
CSSA as the safety net, MPF accrued benefits growing more solid, private savings rising with the economy — though ageing will burden CSSA finances.
How to secure your own retirement?
Compare funds at MPF fund comparison and start growing retirement savings early.
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