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 From Hong Kong's Information Services Department
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April 16, 2003
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Atypical pneumonia
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MPF contributions should continue: Henry Tang

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henry
Brainstorming: Henry Tang exchanges views with representatives of the trade and industry sectors on the impact of atypical pneumonia on the local economy.

 

Suspending Mandatory Provident Fund contributions is unsuitable for alleviating small and medium enterprises' financial difficulties amid the atypical pneumonia outbreak.

 

Secretary for Commerce, Industry & Technology Henry Tang said the MPF scheme will give long-term advantages to employees. However, the question of whether MPF contributions should be reduced or suspended needs careful consideration.