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HK SWD: Govt Proposes to Raise Old Age Living Allowance, CSSA by 2.2% from Feb 1
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Hong Kong's Social Welfare Department (SWD) announced that, in accordance with the established mechanism, the Government has outlined a proposal to adjust the standard payment rates under the Comprehensive Social Security Assistance (CSSA) Scheme and the rates of allowances under the Social Security Allowance (SSA) Scheme (namely Old Age Allowance, Old Age Living Allowance and Disability Allowance), up by 2.2%, effective from February 1, 2026. The Government will consult the Finance Committee (FC) of the Legislative Council on the proposed adjustment as early as possible. If approved by the FC, the adjusted rates will take retrospective effect from February 1, 2026. In addition, the Government has planned to adjust the maximum rent allowance under the CSSA Scheme in accordance with the relevant mechanism, with the adjustment retrospectively effective from February 1, 2026. AAStocks Financial News |
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