FSS president appointed to another term

The President of the Social Security Fund, Ip Peng Kun, has been appointed by Secretary of Administration and Justice Florinda Chan for another one-year term as the executive of the Pension Fund Council Commission, the Official Gazette announced yesterday. According to the bulletin, Mr. Ip will execute the position on a part-time basis. His salary for the position will equated to 20 percent of that of the president of the Council Commission. Mr. Ip’s new term will commence from November 1 of this year to October 31, 2015.