The Old Age Pension Scheme: A Tax by Any Other Name

Hong Kong Law Journal, Vol. 24, No. 3, p. 319, 1994

9 Pages Posted: 4 Feb 2010 Last revised: 11 Feb 2010

See all articles by Charles D. Booth

Charles D. Booth

Institute of Asian-Pacific Business Law, William S. Richardson School of Law, University of Hawaii at Manoa; University of Hawaii at Manoa - William S. Richardson School of Law

Date Written: 1994

Abstract

In July 1994 the Education and Manpower Branch, Government Secretariat of the Hong Kong government issued a pamphlet on its proposals to introduce an old age pension scheme. Given the inadequacy of the government’s current benefits for the elderly, few would object to the creation of a formal pension scheme. This article raises two objections to the proposed pension scheme: (1) the inherent unfairness of compelling individuals – such as foreign workers, Hong Kong emigrants, and Hong Kong residents who travel for extended periods – to contribute to a pension scheme (without the possibility of receiving a rebate or exemption) from which they may never benefit, and indeed, may not be permitted to benefit, and (2) the government’s failure to admit that compelled contributions to the proposed pension scheme are in fact a tax.

Suggested Citation

Booth, Charles D., The Old Age Pension Scheme: A Tax by Any Other Name (1994). Hong Kong Law Journal, Vol. 24, No. 3, p. 319, 1994, Available at SSRN: https://ssrn.com/abstract=1547467

Charles D. Booth (Contact Author)

Institute of Asian-Pacific Business Law, William S. Richardson School of Law, University of Hawaii at Manoa ( email )

University of Hawai'i at Manoa
2515 Dole Street
Honolulu, HI 96822-2328
United States

University of Hawaii at Manoa - William S. Richardson School of Law ( email )

2515 Dole Street
Honolulu, HI 96822-2350
United States

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