Page 184 - Hong Kong Housing Society 香港房屋協會 - Annual Report 2018 年報

AUDITED FINANCIAL STATEMENTS 已審核財務報表

Notes to the Financial Statements
財務報表附註

24. Retirement benefits schemes 24. 退休金福利計劃

The Housing Society operates two defined contribution retirement ג܊՘ึމՉΥ༟ࣸ྇ࡰ౤ԶՇࡈޢ
benefits schemes, namely, Defined Contribution Retirement Benefit ֛Զಛৗ;ږࠇྌdʱйމ˜֛ᕘԶ
Scheme and Mandatory Provident Fund Scheme, for all qualifying ಛৗ;ڭღࠇྌ™ʿ˜੶Փ׌ʮጐږ
employees. The assets of the schemes are held separately from those ࠇྌ™f༈ഃࠇྌٙ༟ପၾג܊՘ึ
of the Housing Society in the funds under the control of trustees. ٙ༟ପɗʱකܵϞdԨπ׵͟ዹͭڦ
ৄɛה၍ଣٙਿږʫf

The retirement benefits cost charged to the comprehensive income ג܊՘ึܲৗ;၅лࠇྌהܸ֛ٙˢ
represents contribution payable to the funds by the Housing Society ଟࠇၑᏐ˹ৗ;ԶಛdԨΌᅰΐɝΌ
at rates specified in the rules of the schemes. Regarding the Defined ࠦϗूʫfఱ˜֛ᕘԶಛৗ;ڭღࠇ
Contribution Retirement Benefit Scheme, where there are employees ྌ™dࡊ྇ࡰ׵Όᅰ༺ՑԮ͜ৗ;၅
who leave the scheme prior to vesting fully in the contribution, the лۃৗ̈༈ࠇྌd஗Ӛϗ྇˴Զಛ̙
forfeited employer’s contributions are used either to reduce future ͜׵ಯৰג܊՘ึᏐ˹ٙ͊ԸԶಛe
contribution or to pay the trustee’s administration charges or to א˕˹ڦৄɛБ݁൬͜eא࣬ኽϤࠇ
distribute to members who are entitled to such distributions under ྌૢಛʱৣഗਞၾϤࠇྌٙ྇ࡰf
the rules of the scheme.
(in HK$Million) €ಥ࿆ϵຬʩ 2018 2017

Contribution to the schemes (net of forfeiture) ࠇྌԶಛ€ʊϔಯӚϗԶಛ 33.7 33.4

Utilisation of forfeited employer’s contribution ஗Ӛϗٙ྇˴Զಛ͜׵˕˹
for payment of trustee’s administration ڦৄɛБ݁൬͜
charges contribution for 0.3 0.5

Balance of forfeited employer’s contribution ׵ɧ˜ɧɤɓ˚͊༶ٙ͜
not utilised at 31 March ஗Ӛϗ྇˴Զಛഐቱ – 0.4

25. Government contribution and assistance 25. 政府津貼及援助

(a) Concessionary land premiums (a) 優惠批地價格
Since the incorporation of the Housing Society, a number of Іג܊՘ึϓͭ˸Ըdִ݁މ
sites have been granted by the government under lease terms ࠅႾп౤Զג܊ʚΥ༟ࣸ࢕ࢬ
to facilitate the provision of housing to eligible families and ձϋڗ٫dΣג܊՘ึҭ̈ɓ
elderly. Depending on the nature of the land grant, special ҭɺήfൖ˷ҭήٙ׌ሯdί
terms and conditions are incorporated in the Condition of Grant ή۰ٙҭήૢಛʕ̋ɝəतй
to restrict the user of the land and alienation of the property. ٙಂࠢձૢಛ͜˸ࠢՓ༈Ԭҭ
ήٙԴ͜٫ʿՉᔷᜫᛆf

Subject to these special terms and conditions, sites developed աவԬಂࠢձૢಛٙࠢՓd͜
for public rental housing purposes are granted at one-third of ˸ጳܔʮ΍̈ॡג܊ٙҭή݊
full market value; sites for building flats for sales to eligible ˸Ό̹ఙᄆ࠽ٙɧʱʘɓҭ̈i
families at concessionary prices are granted at half of full ͜˸ጳܔג܊Ԩ˸Ꮄ౉ᄆࣸ̈
market value; sites for developing rural public housing and ਯ༈ഃג܊ʚΥ༟ࣸ࢕ࢬٙҭ
senior citizen residence are granted at nominal premium. ή݊˸Ό̹ఙᄆ࠽ٙɚʱʘɓ
ҭ̈iϾ͜˸ጳܔࠚਜʮ΍̈
ॡג܊ʿϋڗ٫Иהٙҭήۆ
˸൥ᅄ׌ήᄆҭ̈f
182 Hong Kong Housing Society Annual Report 2017/18