Hong Kong Social Insurance
Social Insurance Sunday, August 21st, 2011
Social insurance payments in Hong Kong are in the nature of a private arrangement. However, in 2000 the government passed the Mandatory Provident Fund Ordinance. As from December 1, of that year all employees and self employed individuals earning more than $4,000.00 HKD /month had to contribute a minimum of 5% of their salary up [...]
