| 43. |
Seventh, we will look after
the older workers. The restructuring of the
economy, and especially the CPF changes, will
affect older workers the most. Wage restructuring
often mean lowering wages for older workers,
who are at the top of their salary scales.
They will experience the steepest CPF cuts
to help them hold on to their jobs. We are
cushioning the impact on them by phasing in
over two years the reduction in their CPF
rates. Nevertheless, it will still be difficult
for these workers. |
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| 44. |
We have to proceed
with the changes, but we will not forget the
older workers who are hardest hit by economic
restructuring. Hence, the next time the Government
implements surplus-sharing schemes, we will
especially remember this group of older workers,
and give them something extra. |
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