The traditional system of family-centered retirement provision is weakening in Hong Kong, yet adequate government and market substitutes have not yet taken its place. The result is widespread retirement insecurity. In this webinar, Richard Jackson, President of the Global Aging Institute (GAI), discusses the findings of "Meeting Hong Kong’s Retirement Challenge," an issue brief jointly published by GAI and PPI. During his presentation, Dr. Jackson discusses the forces that are pushing pension reform to the top of the policy agenda, evaluates the strengths and weaknesses of the Mandatory Provident Fund (MPF), and explores strategies for improving the overall adequacy and sustainability of Hong Kong’s retirement system.
