| Journal Call no. | HF5601.N43 |
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| Author | Hung, H. Y. |
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| Article Title | Retirement protection schemes in Hong Kong / H.Y. Hung & Doug Oxley. |
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| Is Part Of | The Hong Kong accountant ; v.6, no.3, May/Jun 1995, p.47-50, illus. |
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| Abstract | Despite its status as one of the world's leading financial centres, Hong Kong lags behind when it comes to pension planning. This article outlines the provisions of the Long Service Payment Ordinance (LSPO) and the Occupational Retirement Schemes Ordinance (ORSO) in Hong Kong. LSPO provides that all employees who meet the criteria laid down will receive a lump sum payment according to a defined scale. ORSO, on other hand, requires all existing voluntary corporate schemes to be registered within two years. |
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