Social News
Written by: Yuan Shu
2021-04-09 16:59
Last update date: 2021-04-09 16:59
The new term of the LAB meets for the first time. Representatives of labor and management pointed out that the goal of cancelling the MPF hedging remains unchanged and it is expected to be handed over to the Legislative Council early next year.
Some representatives discussed at the meeting how to improve the collection of employer-specific contributions through the Easy MPF platform, including the contribution of contributions to the exchange fund management of the HKMA.
Deng Jiabiao, the labor representative of the LAB.
(Profile picture)
Deng Jiabiao, the labor representative of the LAB, said that the consensus of the LAB remains unchanged, and the acceptance of the cancellation of hedging by employer representatives remains unchanged. The meeting is more pragmatic and believes that the general public and wage earners can rest assured.
He said that after hearing that all parties hope to implement the cancellation of hedging, if it is a soft landing, it is no longer to discuss whether to cancel.
He said that there have been news disclosures stating that the Legislative Council could go to the beginning of the year.
He said that at the meeting, there were discussions on improving and simplifying the MPF Easy Platform to collect employer-specific contributions, including contributions that would be placed in the exchange fund management of the HKMA.
He believes that it is necessary to discuss how to simplify procedures and not to increase management and administrative burdens.
Shi Ronghuai (profile picture)
Shi Ronghuai, the representative of the management, said that the government has worked hard to amend the law and it is believed that it can be completed by the end of the year. Earlier, the government also stated that it would pass this law in the next Legislative Council.
He said that to see reality, it is estimated that the Easy MPF platform will not be completed until 2025. "If the platform cannot be implemented, the special account will not be available. At present, it seems to be done according to the schedule and regularly reported to the LAB."
Earlier, some people in the business community said that under the current economic environment, they are no longer doing hedging, but are facing closure, thinking that it is inappropriate to propose to cancel the hedging time.
The management representative said that according to the timetable, the 2025 will be completed, and it is hoped that the unemployment rate and economic policy of Hong Kong will return to normal by then.
The old and new labor representatives of the LAB urged the establishment of unemployment assistance to legislate as soon as possible to cancel the hedging
The LAB elects 27 people to compete for 5 seats, Deng Jiabiao wins the vote, Wang Democrats, 5 representatives across unions, all loses
The LAB continues to discuss the government plan to extend the uniform holiday for 10 years. Both parties have not reached a consensus.
01News
LAB Employee Representative
