Get educated about Mandatory Provident Fund (MPF)
Here are some answers for questions you might have.Enrolling in MPF
Published Dec 26 2018Do you need to enroll in MPF? If you are 18 years old but under 65 and are fully or partly employed, your employer has to enroll you in a MPF scheme within the first 60 days of employment. The... Learn more
Background to the MPF
Published Dec 26 2018With the long-standing low birth rate and the lengthening of life expectancy, Hong Kong is facing the challenge of a rapidly aging population. How can one protect the income of a large number of... Learn more
Early Withdrawal of MPF benefits
Published Dec 26 2018You can withdraw your MPF accrued benefits when you reach the age of 65, either in a lump sum or by instalments. Under these specific circumstances, however, you can withdraw them before you reach... Learn more
Part time work and MPF
Published Dec 26 2018The culinary and construction industries often employ part-time workers. They are hired by the day or for a period shorter than 60 days. Employers are under the obligation to arrange for their... Learn more
Contribution Period and Contribution Amount
Published Dec 26 2018Contribution Day and Employee’s Contribution Holiday On or before each contribution day, the employer is responsible for contributing the mandatory amount to the trustee of the MPF scheme. In... Learn more
Choosing the Right MPF Fund
Published Dec 26 2018The accrued benefits of your MPF fund depend on your investment choice. As a member in the workforce, how do you go about choosing an MPF fund that is just right for you? The first thing to do is... Learn more
Three Keys to MPF Investment
Published Dec 26 2018Faced with a plethora of MPF funds, how is one to choose? MPFA’s Fund Fact Sheet is a handy reference for finding information on various funds:... Learn more
Contribution Account vs. Personal Account
Published Dec 26 2018Many of us in the workforce fail to take proper measures with our MPF accounts after we change jobs a few times. As time goes on, our MPF benefits might be scattered in a number of accounts at... Learn more
What to do with your MPF when you change your job?
Published Dec 26 2018In this day and age, it is quite common to change your job every now and then. Typically, when you begin your new job, your new employer will give you a new application form to set up a new MPF... Learn more
What are Voluntary Contributions?
Published Dec 26 2018It is possible to increase your post-retirement savings by Voluntary Contributions. Voluntary Contributions are the amount of money that you contribute in excess of what is required by a regular... Learn more
Compound interest effect
Published Dec 26 2018Compound interest refers to the way that the interest one earns from an investment gets multiplied in earning more and more interest. Taking a long view, the interest that you earn from your... Learn more
Dollar Cost Averaging
Published Dec 26 2018MPF operates in a way very similar to Dollar Cost Averaging in that scheme members make a monthly contribution during the time of their employment and withdraw the benefits from their MPF accounts... Learn more
How to assessing a fund’s risk level
Published Dec 26 2018Many MPF service providers designate a risk rating to the funds that they offer. Members should take note of the fact there is as yet no uniform formula in the market to calculate or assess the... Learn more
What is Default Investment Strategy (DIS) ?
Published Dec 26 2018If you do not have the time or do not want to make an investment choice with your MPF contributions, or if you are concerned that the high management fee of the fund you choose or inflation might... Learn more
MPF schemes: Types and Risks
Published Dec 26 2018Under the MPF system, a trustee is required to provide one or more schemes for members’ considerations. In turn, each scheme has different investment allocations. How is one to choose between... Learn more
Access information of your personal accounts
Published Dec 26 2018After changing jobs a few times, many of us will end up having a number of MPF accounts. This makes managing them rather difficult, and consolidating the MPF accounts is undoubtedly an efficient... Learn more
Reviewing your MPF investment
Published Dec 26 2018MPF affects the security of post-retirement life of each and every one of us who is in the Hong Kong workforce. It is therefore necessary for us to look into our holdings and review the portfolio... Learn more
MPF Employee Choice Arrangement (ECA)
Published Dec 26 2018On 1 November 2011, the MPF put into effect the Employee Choice Arrangement, whereby once in a calendar year, employees can choose to transfer the employee’s portion of mandatory contributions and... Learn more
Introduction to MPF
Enrolling in MPF
Published December 26, 2018Do you need to enroll in MPF? If you are 18 years old but under 65 and are fully or partly... Learn more
Background to the MPF
Published December 26, 2018With the long-standing low birth rate and the lengthening of life expectancy, Hong Kong is... Learn more
How MPF work
Early Withdrawal of MPF benefits
Published December 26, 2018You can withdraw your MPF accrued benefits when you reach the age of 65, either in a lump sum or... Learn more
Part time work and MPF
Published December 26, 2018The culinary and construction industries often employ part-time workers. They are hired by the... Learn more
Contribution Period and Contribution Amount
Published December 26, 2018Contribution Day and Employee’s Contribution Holiday On or before each contribution day, the... Learn more
Investing MPF
Choosing the Right MPF Fund
Published December 26, 2018The accrued benefits of your MPF fund depend on your investment choice. As a member in the... Learn more
Three Keys to MPF Investment
Published December 26, 2018Faced with a plethora of MPF funds, how is one to choose? MPFA’s Fund Fact Sheet is a handy... Learn more
Contribution Account vs. Personal Account
Published December 26, 2018Many of us in the workforce fail to take proper measures with our MPF accounts after we change... Learn more
What to do with your MPF when you change your job?
Published December 26, 2018In this day and age, it is quite common to change your job every now and then. Typically, when... Learn more
What are Voluntary Contributions?
Published December 26, 2018It is possible to increase your post-retirement savings by Voluntary Contributions. Voluntary... Learn more
Compound interest effect
Published December 26, 2018Compound interest refers to the way that the interest one earns from an investment gets... Learn more
Dollar Cost Averaging
Published December 26, 2018MPF operates in a way very similar to Dollar Cost Averaging in that scheme members make a... Learn more
How to assessing a fund’s risk level
Published December 26, 2018Many MPF service providers designate a risk rating to the funds that they offer. Members should... Learn more
What is Default Investment Strategy (DIS) ?
Published December 26, 2018If you do not have the time or do not want to make an investment choice with your MPF... Learn more
MPF schemes: Types and Risks
Published December 26, 2018Under the MPF system, a trustee is required to provide one or more schemes for members’... Learn more
Review your MPF
Access information of your personal accounts
Published December 26, 2018After changing jobs a few times, many of us will end up having a number of MPF accounts. This... Learn more
Reviewing your MPF investment
Published December 26, 2018MPF affects the security of post-retirement life of each and every one of us who is in the Hong... Learn more
MPF Employee Choice Arrangement (ECA)
Published December 26, 2018On 1 November 2011, the MPF put into effect the Employee Choice Arrangement, whereby once in a... Learn more