As businesses are significantly impacted by COVID-19, we review here what employers should consider in relation to pension benefits to ensure that they are not in breach of regulations. We also answer some frequent queries received from our clients as we support them.
The Financial Secretary of Hong Kong government has presented his third budget for the year 2019/20 to the Legislative Council on 27 February 2019. The budget proposals will need approval by the Legislative Council before taking effect. The proposals do not become law until their enactment.