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2 yuan ride concession relaxed to 60-year-old scholar: elderly will account for one-third can not underestimate expenses

2020-01-14T23:05:21.797Z


At the beginning of last year, the government announced that the eligible age for CSSA for the elderly will be raised from 60 to 65. Chief Executive Lin Zheng Yue'e said at the time that the change reflects the aging of the social population and the extension of life expectancy. , "2 yuan ride discount" and so on, but Lin Zhengyue announced today (14th) that the "2 yuan ride discount" will be relaxed from 65 to 60 years old. Some scholars familiar with population policy said that after 10 years, the population aged 60 or above will account for about one-third of the entire population. It is expected that related expenditures will rise and urge the government to "underestimate the money", but welcome the government's relaxation of measures, But public money needs to be used properly and efficiently. Some economists believe that although expenditure will indeed increase, it will not account for much of the treasury, and even think that when the economy is poor, the government needs to increase expenditure to promote the economy.


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Written by: Huang Weilun

2020-01-15 07:00

Last updated: 2020-01-15 07:00

At the beginning of last year, the government announced that the eligible age for CSSA for the elderly will be raised from 60 to 65. Chief Executive Lin Zheng Yue'e said at the time that the change reflects the aging of the social population and the extension of life expectancy. , "2 yuan ride discount" and so on, but Lin Zhengyue announced today (14th) that the "2 yuan ride discount" will be relaxed from 65 to 60 years old.

Some scholars familiar with population policy said that after 10 years, the population aged 60 or above will account for about one-third of the entire population. It is expected that related expenditures will rise and urge the government to "underestimate the money", but welcome the government's relaxation of measures, But public money needs to be used properly and efficiently. Some economists believe that although expenditure will indeed increase, it will not account for much of the treasury, and even think that when the economy is poor, the government needs to increase expenditure to promote the economy.

↓↓ Click the following picture: Zheng Yue'e 1.14 "Ten Policy Measures" ↓↓

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Chief Executive Lin Zheng Yue'e today (14th), together with the Secretary for Labour and Welfare, Luo Zhiguang and the Secretary for Transport and Housing, Chen Fan announced a series of relief measures for people's livelihood. (Photo by Luo Junhao)

The government introduced a “$ 2 discount on rides” in mid-2012. Elders aged 65 or above, and people with a qualifying disability can ride for $ 2. Chief Executive Lin Zheng Yue'e said today (14th) that the scope of the concession will be expanded, from 65 to 60. It is expected that 600,000 60 to 64 people will benefit, involving about 1.7 billion in expenses, which is 250 million more than this year, an increase of 14.7 %.

It is expected that the per capita funding per year will exceed 1,000 yuan

Lin Zhengyue said that the current "two yuan ride discount" has reached 1.26 million beneficiaries, and the estimated expenditure for 2019-20 is 1.45 billion. If this is calculated, the per capita funding amount will reach 1,150 yuan per year.

Lin Zhengyue announced today that she would relax the "two yuan ride discount" from 65 to 60. (Profile picture)

Census and Statistics Department estimates 2.63 million elderly population in 2030

According to the "Hong Kong Population Projection 2017-2066" of the Census and Statistics Department, there will be 2.63 million people over the age of 60 in 2030, accounting for about 33.1% of the total population, that is, one in every three people will be over 60 years old. If calculated based on the per capita funding in 2019-20, the total funding in 2030 will reach 3.02 billion yuan, more than double.

Professor Ip Siu-fai, a professor of social work and social administration at the University of Hong Kong, said that the government is welcome to relax the age limit, but public funds need to be used properly and efficiently. He said that 10 years later, people over 60 years of age have reached one-third of the total population. After relaxing the concessions, the government will face pressure to relax other funding policies, and spending will definitely increase in the long run. ".

Government relaxes 2 yuan ride discount for 61-year-olds: happy to spend money

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Where do the silver-haired people go in terms of the elderly's backward policies?

Ye Zhaohui said that he did not mind that the government was more generous, but believed that the investment of public funds should create more wealth. He said that in the past, even if the elderly had only been nearby, they still took long-distance buses, which caused the Government to pay extra subsidies and waste public money in disguise. He also said that the government should use big data through policies, such as Octopus information, to understand how the policy promotes elderly travel.

Yuan Weiji, an assistant professor in the Department of Economics and Finance of Shuren University, said that the government has had a surplus of 100 billion yuan in the past years. After relaxing the subsidy, its new expenditure only accounts for a small amount of treasury expenditure, and believes that it will not have a large financial burden. He also said that even if Hong Kong's economy has deteriorated recently, the government said that the downward pressure is great, but in economic terms, when the economy is not good, the government will increase spending to promote the economy and "make more money and save more money."

2 yuan ride discount, aging population, aging population growth

Source: hk1

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