Guangdong Scheme
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Guangdong Scheme
Guangdong Scheme () was launched on 1 October 2013. The purpose of the Scheme is to provide the Old Age Allowance (Fruit Money), on a monthly basis, for eligible Hong Kong people aged 65 or above who choose to reside in Guangdong. The recipients can get a monthly cash allowance of $1,135 if they satisfy the minimum residence period of 60 days in Guangdong in a payment year, along with the other requirements. The Social Welfare Department has received over 18.7 thousand applications until September 2014 and over 16 thousand Hong Kong elderly who lived in Guangdong province have received 1,180 Hong Kong dollars bonus per month since the scheme was launched. While going to Guangdong for retirement becomes a more and more popular phenomenon, the public holds different attitudes. Background Hong Kong's aging problem As the World Health Organization The World Health Organization (WHO) is a specialized agency of the United Nations responsible for international public health. ...
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Old Age Allowance
Old Age Allowance, colloquially known as fruit money, is a Hong Kong government programme introduced in 1973 which provides monthly payments of $1,290 to elderly Hong Kong residents. There is no means test for the Higher Old Age Allowance given to recipients of age 70 or above. The Normal Old Age Allowance for elderly residents between the ages of 65 and 69 was only offered to people who fell below certain income and asset thresholds, but since 2013 such people are now covered by the similar but separate Old Age Living Allowance scheme instead. Residence requirement OAA recipients were originally required to have been absent from Hong Kong for no more than 56 days in the year prior to the date of their application, and to be present in Hong Kong for 125 days per year thereafter. The latter limit was relaxed to 60 days in 2011, but this still meant that people who had retired in mainland China or abroad and did not often return to Hong Kong were ineligible. A 2012 challenge to ...
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Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resumed after th ...
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Guangdong
Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020) across a total area of about , Guangdong is the most populous province of China and the 15th-largest by area as well as the second-most populous country subdivision in the world (after Uttar Pradesh in India). Its economy is larger than that of any other province in the nation and the fifth largest sub-national economy in the world with a GDP (nominal) of 1.95 trillion USD (12.4 trillion CNY) in 2021. The Pearl River Delta Economic Zone, a Chinese megalopolis, is a core for high technology, manufacturing and foreign trade. Located in this zone are two of the four top Chinese cities and the top two Chinese prefecture-level cities by GDP; Guangzhou, the capital of the province, and Shenzhen, the first special economic zone in the c ...
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World Health Organization
The World Health Organization (WHO) is a specialized agency of the United Nations responsible for international public health. The WHO Constitution states its main objective as "the attainment by all peoples of the highest possible level of health". Headquartered in Geneva, Switzerland, it has six regional offices and 150 field offices worldwide. The WHO was established on 7 April 1948. The first meeting of the World Health Assembly (WHA), the agency's governing body, took place on 24 July of that year. The WHO incorporated the assets, personnel, and duties of the League of Nations' Health Organization and the , including the International Classification of Diseases (ICD). Its work began in earnest in 1951 after a significant infusion of financial and technical resources. The WHO's mandate seeks and includes: working worldwide to promote health, keeping the world safe, and serve the vulnerable. It advocates that a billion more people should have: universal health care cov ...
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Retirement Insurance Benefits
Retirement Insurance Benefits (abbreviated RIB) or old-age insurance benefits are a form of social insurance payments made by the U.S. Social Security Administration paid based upon the attainment of old age (62 or older). Benefit payments are made on the 3rd of the month, or the 2nd, 3rd, or 4th Wednesday of the month, based upon the date of birth and entitlement to other benefits. Legal authority RIB is authorized under Title II of the Social Security Act. Entitlement factors Certain requirements must be met before a person becomes entitled to RIB. These requirements are based on both age and payments made into the Social Security System through payroll taxes. These are: *Be fully insured under the Social Security system *Have obtained the age of 62 by the first of the month. *Have either applied for the benefits ''or'' have been automatically converted from Disability Insurance Benefits at Full Retirement Age. Fully insured status People attain fully insured status based u ...
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