What is the treatment for Chief Executive's retirement?
After retirement, the Chief Executive of Hong Kong can enjoy a series of retirement benefits, including pension, retirement allowance and resettlement allowance. Pension: The salary of the Chief Executive during his term of office is the basis of his pension. When he retires, he can get a pension proportional to the total salary, and the proportion depends on his working years. Retirement allowance: The Chief Executive can get no less than 8% of his salary after retirement, and this allowance will last until his death. The amount of subsidies also depends on the number of years of service. Resettlement allowance: After the Chief Executive retires, the government will provide him with housing and preferential treatment for civil servants, and provide resettlement allowance to subsidize his studio and office rent. Generally speaking, the post-retirement treatment of the Chief Executive of Hong Kong is relatively favorable, but some conditions need to be met before he can enjoy these benefits, such as the minimum number of years of service.