You 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 65:

 

1. Early retirement

If you have reached the age of 60 and have ceased all employment or self-employment with no intention of becoming employed or self-employed again, you can withdraw your accrued benefits. If you want to go back to employment before 65 after you have withdrawn your benefits at age 60, you have to enroll in an MPF scheme again.

 

2. Permanent departure from Hong Kong

You must declare that you have departed or will depart from Hong Kong with no intention of returning to Hong Kong for employment or resettlement. You must also satisfy the trustee of your MPF scheme with credible proof that you have been permitted to reside in a place outside Hong Kong. If you return to Hong Kong for employment at a later date, you will have to enroll in an MPF scheme again, and you will not be entitled for early withdrawal again on the same ground.

 

3. Total incapacity

You must provide a medical certificate issued by a registered medical practitioner or registered Chinese medicine practitioner to prove that your medical condition has made it impossible for you to perform the particular kind of work in your previous job.

 

4. Terminal illness

You must provide a medical certificate issued by a registered medical practitioner or registered Chinese medicine practitioner to show that you are suffering from an illness that gives you a life expectancy of 12 months or less.

 

5. Small balance

You can withdraw your benefits from your MPF if you have a balance of not more than $5000 in an MPF scheme, do not have other benefits in any other MPF scheme, and at least 12 months have elapsed since your last contribution date at the time when you make apply for withdrawal. You must also declare that you have no intention of becoming employed or self-employed again.

 

6. Death

Your accrued benefits are part of your estate. Upon your death, they will be claimed by the official administrator of your estate.