Story perspectives

Teachers Withdraw HK$8.4 Billion Amid Resignation Surge

2/5/2026

Summary

Story summary

In 2024-25, public school teachers in Hong Kong withdrew HK$8.4 billion from retirement fund schemes, a 3.4% drop from 2023-24 and the third consecutive decline.
The decline is attributed mainly to resignations rather than retirements.
The Education Bureau's annual report on the Subsidised Schools Provident Fund and the Grants Schools Provident Fund notes 2,581 withdrawals averaging HK$3.38 million.
Young teachers accounted for 32% to 35% of withdrawals, the highest share since 2021.

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Story summary

In 2024-25, public school teachers in Hong Kong withdrew HK$8.4 billion from retirement fund schemes, a 3.4% drop from 2023-24 and the third consecutive decline.
The decline is attributed mainly to resignations rather than retirements.
The Education Bureau's annual report on the Subsidised Schools Provident Fund and the Grants Schools Provident Fund notes 2,581 withdrawals averaging HK$3.38 million.
Young teachers accounted for 32% to 35% of withdrawals, the highest share since 2021.