Friday, October 9, 2015   

Govt proposes to raise retirement age
(04-03 16:19)

The government's proposing that the retirement age for new civil servants be raised from 60 to 65, and from 55 to 57 for officers in the disciplined services.
A four-month public consultation on the proposal's been launched.
The Secretary for the Civil Service, Paul Tang Kwok-wai, says department heads could also be given flexibility to retain existing staff after they turn 60.
"What we are proposing now is that we would allow the heads of departments more flexibility to employ civil servants, who've reached their retirement age, beyond their retirement age, but on condition that it shouldn't affect the promotion opportunities of younger officers" he said.
Civil Service Unions have generally welcomed the government's proposal, but are concerned that heads of department may be given too much power when deciding which workers to keep on.
Leung Chau-ting from the Federation of Civil Service Unions called on the government to put measures in place to prevent favoritism. --RTHK   
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Two HK billionaires in Asia’s top 10 wealthiest list (10-08 14:59)
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Private home prices, rents hit record high (10-08 13:14)
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