Hong Kong Finally Passes Bill Abolishing "Offsetting Mechanism" of the Mandatory Provident Fund Scheme | Perspectives & Events
After years of discussion, the Hong Kong Legislative Council finally passed the Employment & Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Bill 2022 on 9 June 2022 that will eventually abolish the statutory right of an employer to reduce its long service pay or severance pa...
Source: mayerbrown.com