Services for Older Persons in Hong Kong 2002
III. Financial Status of Older Persons Aged 60 and above
(Sources: ¨Socio-demographic,
health and economic profiles of elderly people and soon-to-be old people〃
from Special Topics Report No. 27, Census and Statistics Department,2000)
Economic
Activity Status
|
Economically
active |
: 13.4 % |
|
Economically
inactive |
: 86.6 % |
|
- retired persons |
: 68.2 % |
|
- home-makers |
: 15.6 % |
|
- others |
: 2.8 % |
Personal
Income
|
With personal
income |
: 99.6 % |
|
Without
personal income |
: 0.4 % |
Monthly
Expenses
|
Need to pay for
their own monthly expenses: |
: 95.6 % |
|
- < 500 |
: 16.1 % |
|
- 500-999 |
: 14.7 % |
|
- 1000 1999 |
: 23 % |
|
- 2000 -- 2999 |
: 18.3 % |
|
- 3000 4999 |
: 17.4 % |
|
- 5000 --9999 |
: 8.9% |
|
- ³ 10000 |
: 1.5% |
|
Median |
: $ 1,700 |
|
No need to pay
for their own monthly |
: 4.4 % |
Monthly
Income
|
With Personal
Income |
: 99.6 % |
|
- < 1000 |
: 17 % |
|
- 1000 1999 |
: 20.9 % |
|
- 2000 2999 |
: 19.6 % |
|
- 3000 4999 |
: 21.5 % |
|
- 5000 9999 |
: 14.1 % |
|
- 10000 19999 |
: 4.6 |
|
- ³ 20000 |
: 2.3% |
|
Median |
: $ 2,600 |
|
Not applicable |
: 0.4% |
Sources
of Income
|
Investment from
savings/ fixed deposits |
: 89 % |
Financial
Support from other relatives |
: 4.5 % |
|
Financial
support from children |
: 58.4 % |
Pension |
: 4.5 % |
|
Old age
allowance |
: 51.6 % |
Rental income |
: 2.4 % |
|
Salary |
: 12.5 % |
Disability
allowance |
: 2.3 % |
|
Comprehensive
Social Security Assistance |
: 12 % |
Others |
: 0.2 % |
Monthly
Expenses
|
Food |
: 67.1 % |
|
Transportation |
: 66.4% |
|
Water/,
electricity, gas and telephone charges |
: 38.3% |
|
Accommodation |
: 36.5% |
|
Maid, domestic
helpers, nurse5 |
: 0.4% |
Assets
Owned by Older Persons
|
Cash, savings
or fixed deposits |
: 96.4 % |
|
Self-occupied
properties |
: 24.1 % |
|
Stocks, bonds,
investment funds |
: 4.4 % |
|
Non-self
occupied properties |
: 2.3 % |
|
No assets |
: 2.8% |