Hong Kong civil service pensions rise 2.1 per cent in last fiscal year
Hong Kong's Civil Service Bureau reported a 2.1 per cent increase in pension payments for the last fiscal year, averaging an extra HK$370 per month per retiree. The bureau said the statutory pension liability stood at HK$924.8 billion as of March 2025, with payments expected to peak in the mid-2030s
Hong Kong's Civil Service Bureau has announced a 2.1 per cent increase in pension payments for retired civil servants and judicial officers in the last fiscal year, according to the established pension adjustment mechanism. The bureau's director, Ingrid Yeung Ho-po-yan, said the adjustment resulted in an average monthly increase of about HK$370 per person.
Yeung made the remarks in a written reply to a lawmaker's question, providing details on the pension system. She said that civil servants and judicial officers who retired during the last fiscal year received an average monthly pension of about HK$20,200. Those who had retired before that period received an average monthly pension of about HK$17,700.
According to Yeung, the statutory pension liability as of 31 March 2025 stood at HK$924.8 billion. Of that total, about 40 per cent was attributable to serving personnel, while the remaining 60 per cent was for those already retired.
Yeung noted that the civil service pension scheme only applies to civil servants appointed before 1 June 2000. She said government pension expenditure would continue to increase for some time as personnel covered by the scheme gradually retire. The annual pension expenditure is expected to begin decreasing gradually from the mid-2030s.
