Hong Kong to send welfare cash to retirees’ mainland Chinese bank accounts from July
Measure applies to elderly welfare recipients living in Guangdong and Fujian, with city leader saying it will make ‘retirement life more secure’
Hong Kong will allow elderly welfare recipients living in Guangdong and Fujian provinces to have cash assistance directly sent to their mainland Chinese bank accounts from July as part of a much-awaited arrangement, the city’s leader has said.
“I’m delighted to hear from elderly residents that the monthly cash allowances provided by the government have effectively improved their quality of life in retirement, and they are living comfortably and happily in Fujian,” Lee said.
“This new service will be launched next month and is expected to further facilitate older residents in receiving their allowances, making their retirement life more secure.”
Elderly Hong Kong social security recipients living in the two provinces can apply for the government’s portable cash assistance.
These include the Comprehensive Social Security Assistance (CSSA) under the Portable CSSA Scheme, as well as the Old Age Living Allowance and the Old Age Allowance under the Guangdong Scheme and the Fujian Scheme of the Social Security Allowance Scheme.