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2015-12-28T10:24:22+05:30
Old Age Allowance, colloquially known as fruit money, is a Hong Kong government programme introduced in 1973 which provides small monthly payments to elderly Hong Kong residents. There is no means test for the Higher Old Age Allowance given to recipients of age 70 or above. The Normal Old Age Allowance for elderly residents between the ages of 65 and 69 was only offered to people who fell below certain income and asset thresholds, but since 2013 such people are now covered by the similar but separate Old Age Living Allowance scheme instead.
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