Old Age Allowance
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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 Government
The Government of the Hong Kong Special Administrative Region, commonly known as the Hong Kong Government or HKSAR Government, refers to the executive authorities of Hong Kong SAR. It was formed on 1 July 1997 in accordance with the Sino-British Joint Declaration of 1983, an international treaty lodged at the United Nations. This government replaced the former British Hong Kong Government (1842–1997). The Chief Executive and the principal officials, nominated by the chief executive, are appointed by the State Council of the People's Republic of China. The Government Secretariat is headed by the Chief Secretary of Hong Kong, who is the most senior principal official of the Government. The Chief Secretary and the other secretaries jointly oversee the administration of Hong Kong, give advice to the Chief Executive as members of the Executive Council, and are accountable for their actions and policies to the Chief Executive and the Legislative Council. Under the " o ...
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Hong Kong Residents
The Hong Kong Basic Law classifies residents of the Hong Kong Special Administrative Region () as either permanent residents or non-permanent residents. Hong Kong residents have rights under the Basic Law including freedom of speech, freedom of movement and freedom of religion, freedom of religious belief. Permanent residents Hong Kong permanent residents have the right of abode in Hong Kong and the right to vote in elections for the Legislative Council of Hong Kong, Legislative Council and the District Council of Hong Kong, District Council. It is also the ''de facto'' citizenship status in Hong Kong because most of citizen rights are associated with the right of abode. However, Hong Kong permanent residents are not entitled to a Hong Kong Special Administrative Region passport, Hong Kong passport or stand for office in some Legislative Council of Hong Kong, Legislative Council constituencies, unless they are also naturalised Chinese nationality law, Chinese citizens. Under th ...
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Means Test
A means test is a determination of whether an individual or family is eligible for government assistance or welfare, based upon whether the individual or family possesses the means to do without that help. Canada In Canada, means tests are used for student finance (for post-secondary education), legal aid, and "welfare" (direct transfer payments to individuals to combat poverty). They are not generally used for primary and secondary education which are tax-funded. Means tests for public health insurance were once common but are now illegal, as the Canada Health Act of 1984 requires that all the provinces provide universal healthcare coverage to be eligible for subsidies from the federal government. Means tests are also not used for pensions and seniors' benefits, but there is a clawback of Old Age Security payments for people making over $69,562 (in 2012). The Last Post Fund uses a means test on a deceased veteran's estate and surviving widow to determine whether they are ...
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Old Age Living Allowance
Old or OLD may refer to: Places * Old, Baranya, Hungary * Old, Northamptonshire, England *Old Street station, a railway and tube station in London (station code OLD) *OLD, IATA code for Old Town Municipal Airport and Seaplane Base, Old Town, Maine, United States People *Old (surname) Music *OLD (band), a grindcore/industrial metal group * ''Old'' (Danny Brown album), a 2013 album by Danny Brown * ''Old'' (Starflyer 59 album), a 2003 album by Starflyer 59 * "Old" (song), a 1995 song by Machine Head *'' Old LP'', a 2019 album by That Dog Other uses * ''Old'' (film), a 2021 American thriller film *'' Oxford Latin Dictionary'' * Online dating *Over-Locknut Distance (or Dimension), a measurement of a bicycle wheel and frame * Old age See also * List of people known as the Old * * *Olde, a list of people with the surname *Olds (other) Olds may refer to: People * The olds, a jocular and irreverent online nickname for older adults * Bert Olds (1891–1953), Australia ...
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Mainland China
"Mainland China" is a geopolitical term defined as the territory governed by the People's Republic of China (including islands like Hainan or Chongming), excluding dependent territories of the PRC, and other territories within Greater China. By convention, the territories that fall outside of the Chinese mainland include: * Hong Kong, a quasi-dependent territory under PRC rule that is officially designated a " Special Administrative Region of the PRC" (formerly a British colony) * Macau, a quasi-dependent territory under PRC rule that is officially designated a "Special Administrative Region of the PRC" (formerly a Portuguese colony) * Territories ruled by the Republic of China (ROC, commonly referred to as Taiwan), including the island of Taiwan, the Penghu (Pescadores) islands in the Taiwan Strait, and the islands Kinmen, Matsu, and Wuqiu (Kinmen) offshore of Fujian. Overseas Chinese, especially Malaysian Chinese and Chinese Singaporeans, use this term to describe people ...
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Court Of First Instance (Hong Kong)
The Court of First Instance is the lower court of the High Court of Hong Kong, the upper court being the Court of Appeal. Formerly the High Court of Justice of the Supreme Court of Hong Kong, it was renamed the Court of First Instance by the Basic Law after the transfer of sovereignty over Hong Kong from the United Kingdom to China. The Court of First Instance is the highest court in Hong Kong that can hear cases at first instance with unlimited jurisdiction in both civil and criminal matters. It hears predominantly civil cases but only relatively few criminal cases were heard at first instance, mostly involving the most serious crimes such as homicide offences, rape, serious drugs offences and major commercial frauds. It is also an appellate court hearing appeals against decisions made by Masters as well as those of: *Magistrates' Courts * Small Claims Tribunal * Obscene Articles Tribunal *Labour Tribunal *Minor Employment Claims Adjudication Board It is the only court i ...
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Comprehensive Social Security Assistance
The Comprehensive Social Security Assistance (CSSA) scheme is a welfare programme in Hong Kong that provides supplementary payments to Hong Kong residents whose income is not sufficient to meet basic needs. History Historical overview The first public assistance scheme was first introduced in 1971 as the foundation of Hong Kong's social security system. Prior to 1971 the social relief was largely confined and temporary. The Social Welfare Department only came into existence in 1958 and the government restricted its role and stressed the role of family in social welfare. As emphasised in the first ''White Paper on Social Welfare'' published in 1965, strengthened family support was the government's imperative in assistance. The paper notes "however generous we may wish to be, we cannot ignore the dollars and cents...In this connexion, Government's endorsement of the Chinese tradition of self-help and of treating relief measures as a family responsibility is correct in theory." L ...
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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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List Of Banks In Hong Kong
Hong Kong maintains a ''three''-tier system of deposit-taking institutions, i.e. ''licensed'' banks, ''restricted licence'' banks and ''deposit-taking'' companies. They are collectively known as ''authorized institutions'' supervised by the Hong Kong Monetary Authority (HKMA). As one of the top five financial centres worldwide, Hong Kong has one of the highest concentrations of banking institutions in the world, with 70 of the largest 100 banks in the world having an operation in Hong Kong. As of 2019, there were 164 ''licensed'' banks, 17 ''restricted licence'' banks and 13 ''deposit-taking'' companies in business, constituting a total of 194 ''authorized institutions''. In addition, there are 42 ''local representative offices'' of foreign banks in Hong Kong. Licensed banks Only licensed banks may operate current and savings accounts, accept deposits of any size and maturity from the public, and pay or collect cheques drawn, or paid in, by customers. Incorporated in Hong Kong ...
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Donald Tsang
Sir Donald Tsang Yam-kuen (; born 7 October 1944) is a former Hong Kong civil servant who served as the second Chief Executive of Hong Kong from 2005 to 2012. Tsang joined the colonial civil service as an Executive Officer in 1967, occupying various positions in local administration, finance and trade before he was appointed Financial Secretary of Hong Kong in 1995, becoming the first ethnic Chinese to hold the position under British administration. He continued to serve in the Hong Kong SAR government after 1997 and gained his reputation internationally for his intervention in Hong Kong's stock market in defending the Hong Kong dollar's peg to the US dollar during the 1997 financial crisis. Tsang became the Chief Secretary for Administration in 2001 and ran for the Chief Executive in 2005 after incumbent Tung Chee-hwa resigned. He served the remaining term of Tung and was re-elected in 2007. He served a full five-year term until he stepped down in 2012. In his seven y ...
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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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1973 Establishments In Hong Kong
Events January * January 1 - The United Kingdom, the Republic of Ireland and Denmark 1973 enlargement of the European Communities, enter the European Economic Community, which later becomes the European Union. * January 15 – Vietnam War: Citing progress in peace negotiations, U.S. President Richard Nixon announces the suspension of offensive action in North Vietnam. * January 17 – Ferdinand Marcos becomes President for Life of the Philippines. * January 20 – Richard Nixon is Second inauguration of Richard Nixon, sworn in for a second term as President of the United States. Nixon is the only person to have been sworn in twice as President (First inauguration of Richard Nixon, 1969, Second inauguration of Richard Nixon, 1973) and Vice President of the United States (First inauguration of Dwight D. Eisenhower, 1953, Second inauguration of Dwight D. Eisenhower, 1957). * January 22 ** George Foreman defeats Joe Frazier to win the heavyweight world boxing championship. ** A ...
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