subsidised Schools Provident Fund – Charm

Sacking of school principal for Singapore row is ‘death sentence’, lawmaker says

2 hours ago02 mins

A Hong Kong school that summarily dismissed its principal after he was filmed swearing at security guards in Singapore could face a high legal threshold to justify the move if the dispute goes to court, a lawmaker has stated, likening the decision to a death sentence in the labour sector. Another lawmaker said the termination…

Hong Kong teachers withdrew HK$8.4 billion from pension funds in past school year

4 months ago02 mins

Hong Kong public school teachers withdrew HK$8.4 billion (US$1.1 billion) from two retirement fund schemes in 2024–25, down 3.4 per cent from the year before, marking the third consecutive annual decline amid subsiding emigration. Resignation remained the main reason for withdrawals, rather than retirement, as a growing proportion of young teachers left the profession, accounting…