Divided opinions on $2 fare scheme for elders ahead of budget

Lawmakers are divided over whether the government should roll back the HK$2 fare scheme for the elderly, as the subsidy program has emerged as a key focus in the upcoming 2025-26 Budget, set to be delivered on the coming Wednesday. 

The scheme currently allows individuals aged 60 or above, as well as eligible disabled people, to enjoy a flat HK$2 fare for each ride on buses, the MTR, and other public transportation. 

It is projected to cost the government HK$6 billion in the 2025-26 fiscal year. 

Peter Koon Ho-ming, chair of the Legislative Council’s panel on welfare services, supports canceling the concession fare for those aged 60 to 64, arguing that many in this age group are still employed. 

He said that the scheme was designed to encourage travel among retired senior citizens, defined by the Census and Statistics Department as individuals aged 65 and older. 

In contrast, the Democratic Alliance for the Betterment and Progress of Hong Kong (DAB) opposes any changes to the HK$2 scheme.

DAB chairman Gary Chan Hak-kan said that it is unfair to blame elderly citizens for the government’s fiscal deficit. 

While he acknowledged instances of misuse, he argued, “Just like the social security assistance scheme and public rental housing, there are cases of abuse, but that does not mean the whole policy is a mistake.” 

Financial Secretary Paul Chan Mo-po has hinted at potential adjustments to the scheme, suggesting that maintaining the current policy may not be financially sustainable. 

However, he clarified that the government does not intend to change the age threshold for the concession fare. 

(Jamie Liu)