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LegCo Finance Committee to continue examining funding proposals for introducing Old Age Living Allowance on Friday
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The following is issued on behalf of the Legislative Council Secretariat:

     At the request of the Administration and with the concurrence of the Chairman of the Legislative Council (LegCo) Finance Committee (FC), the FC will hold two meetings in Conference Room 1 of the LegCo Complex on Friday (December 7). The first FC meeting will start at 4pm; the second FC meeting will start at 6.10pm if the House Committee (HC) needs not resume its meeting at 6pm. If the HC needs to resume its meeting at 6pm, the second FC meeting will start immediately after the HC meeting has finished its business.

     During the meetings, members of the FC will continue to examine the Government proposals of seeking a total supplementary provision of $2,575.2 million in 2012-13 for introducing the Old Age Living Allowance (OALA), and an increase in the ceiling placed on the total notional annual mid-point salary value of all non-directorate posts in the permanent establishment of the Social Welfare Department in 2012-13 by $23,264,040 to create 90 non-directorate civil service posts for implementing the OALA.

     FC members will also examine the funding proposal for the 2012-13 judicial service pay adjustment; improvements to the Examination Fee Remission Scheme for needy non-Chinese speaking students at senior secondary level; an increase in the annual amount of Elderly Health Care Voucher from $500 to $1,000 per eligible elder with effect from January 1, 2013; and a one-off injection of $100 million into the Supplementary Legal Aid Fund.

     For the updated agenda and discussion papers of the meetings, please visit the following webpage:
www.legco.gov.hk/yr12-13/english/fc/fc/agenda/fc20121207.htm.

Ends/Wednesday, December 5, 2012
Issued at HKT 20:33

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