Averting the old age crisis : problems of the privately managed mandatory provident fund scheme
By: MOK, Henry T. K
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Material type: 
ArticlePublisher: jun.2000The Asian Journal of Public Administration 22, 1, p. 33-55Abstract: This article argues that some common beliefs regarding the advantages of privately managed provident funds over publicly managed provident funds are not confirmed by international experiences. The analysis takes into account the recent financial crisis in the Asian region. It is further held that to prevent bias against certain groups in the Asian region. It is further held that to prevent bias against certain groups in society, and to provide for adeguate retirement protection, provident fund schemes should be put into place together with an old age pension scheme. The case of Hong Kong is studied. Various pension proposals are examined and a two-tier system, which includes a publicly managed provident fund and a social insurance scheme, is proposed
| Item type | Current location | Collection | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| Periódico | Biblioteca Graciliano Ramos | Periódico | Not for loan |
This article argues that some common beliefs regarding the advantages of privately managed provident funds over publicly managed provident funds are not confirmed by international experiences. The analysis takes into account the recent financial crisis in the Asian region. It is further held that to prevent bias against certain groups in the Asian region. It is further held that to prevent bias against certain groups in society, and to provide for adeguate retirement protection, provident fund schemes should be put into place together with an old age pension scheme. The case of Hong Kong is studied. Various pension proposals are examined and a two-tier system, which includes a publicly managed provident fund and a social insurance scheme, is proposed
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