Social Security and Retirement Protection

96.         Social security and retirement protection are two recurrent themes that often appear prominently in our discussion of the poverty issue. Regarding social security, some are concerned about the development needs of children in families receiving the Comprehensive Social Security Assistance (CSSA). Others consider that the Government should review whether the existing CSSA has struck a proper balance between providing a safety net and encouraging people capable of working to join the workforce. There are also views that we should turn the Work Incentive Transport Subsidy Scheme into a subsidy for low-income families. These suggestions involve major policy considerations and may have far-reaching implications on our social security system and public finance. The Social Security and Retirement Protection Task Force under the CoP will study carefully the views from various sectors.

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