At the March close of the 2016/2017 fiscal year Hong Kong had $935B in reserves. It is nearly certain that based on continued economic growth in 2017/2018 we will generate a yearly surplus of at least $65B, and as such we will make history with a fiscal surplus in excess of one trillion dollars.

$1,000,000,000,000. That's 2.5 years of the 2017/2018 full $400B budget or 20 years of the education budget. It is also one other thing, ours.

One trillion dollars in the public purse is money that has come from the Hong Kong people. It's too much. Government's role is to supply services, not accumulate wealth.

I will skip the economics, none of which work for the government, and go straight to the governments main argument for keeping a trillion bucks of your money. We are growing old and will need it. Okay, argument accepted. Done.

Now, give us a match on our employers contribution to our MPF. We kick in a dollar, our employer kicks in a dollar, and now the government helps out with a dollar.

If we are getting old then let us plan for our old age with our own money. Even if a MPF participant doesn't pay taxes, I'd rather address his old age concerns with our tax dollars, under his control via the MPF, rather than have cash languish in government coffers.

People need some help, if not a tax cut, which China forbids, then why not a rebate to us via ur MPF? If the government is concerned about ageing then let's address it through the MPF that government created.

Labour Unionist, Banker, or Baker, the appeal is obvious. Our money in our MPF's for our retirement.