Old Age Living Allowance

In the few months, the disused come along spirit stipend is a legitimate hot issue. The government activity mentioned a representation- foot race cook is needed for the HKD $2200 grey-haired while active allowance, and the government consign not raise the adjunct limit for the beneficiaries. This is a actually controversial issue since umteen stakeholders have different opinions. Im going to return my stance on this issue. I agree that a means test should be turn in to the old era quick allowance. Firstly, for the government, without a means-test, resources lead be unequally distributed, it will in any case crowd out otherwise government spending, including on welfargon such as comprehensive Social Security assistance intrigue, Community Care Fund, support Intensive Transport tribute scheme. This is unfair to the others in the nightspot. The resources bobsled assembly be instantly given to those in real fiscal needfully with a means test. For the financially opened time-honored, although their asset may not be enough to stick out the staple fibre living in long term, its more classic and rising to help the elderly who are facing s keistertness at the moment. They still have HKD $1090 old age allowance. In run aground to take a balance, a means test is needed.

Besides, without a means test, all the elderly in the society can direct the old age living allowance, this gives a life-threatening burden to the government. The government needs a tie of money, thus the money will be transferred to the tax throwers. They have to abide more tax to the government, which will seriously make a motion their sparing quality for life. Meanwhile, Hong Kongs parsimony will be affect too since peoples purchasing power has decreased. In conclusion, means test should be applied to old age living allowance. In the future, the government should start considering the Universial Pension synopsis which will be a long term upkeep scheme to the elderly.If you want to get a full essay, mold it on our website: Orderessay

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