JFO and above.......
HK$24,000/mth
These are known as "base rates"...this is the amount you can take as cash in lieu of rental allowance, if you choose.
RENTING
As an SO, if you want to Rent, CX will pay HK$29,500 per month (US$3800)
FO:
Year 1-7 HK$59,000/mth (US$7600)
Year 8+ HK$75,900/mth (US$9800)
Capt:
HK$92,700/mth (US$11,900)
BUYING:
If you choose to buy a property in HK then CX will pay your mortgage at:
HK$59,000 - $63,000/mth (US$7600 - US$8100)
Apart from the "base rates" all other housing benefits are linked to the HK Government Rental Index, so they do change monthly.
Wonder how long it will take the folks at the SCMP to read this...here?
