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Infirmity Allowance renamed as Old Age Allowance after five years. Also, it decreased the requirement into 70 years old.
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Renamed from Infirmity Allowance
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$625 for 65 - 69 years old. $705 for 70 years or above applicants.
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Reference The applicants are needed to stay in Hong Kong for 90 days or more in order to gain the OAA, therefore some senior citizens who wanted to stay in Mainland China needed to return to Hong Kong for 3 months.
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Recently, applicants only needed to stay in Hong Kong for 60 days to fulfill the requirement of OAA.
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Announced in the policy address 2010.
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This increases is adjusted by the changes of the Social Security Assistance Index of Prices, which is increased 3.5%.