The HKSAR Government has made a preliminary estimate that in February next year, the amounts for Hong Kong's Comprehensive Social Security Assistance, Old Age Allowance, and Disability Allowance may be increased by 3.7%, and the Old Age Living Allowance is also expected to be adjusted upward.
The HKSAR Government stated that over the past year, the social assistance price index has risen by 3.7%. Based on current trends, the HKSAR Government estimates that this index is likely to continue to rise, and the amounts for Comprehensive Social Security Assistance, Old Age Allowance, and Disability Allowance have the opportunity to be increased by at least 3.7%.
The Secretary for Labour and Welfare of the HKSAR also stated that an application for funding will be submitted to the Finance Committee of the Legislative Council next month, at which time the actual adjustment range will be determined. It is expected that 1.1 million Hong Kong citizens will benefit.
Source: People's Daily Online
