Employee Choice Arrangement: one transfer a year

Under the Employee Choice Arrangement, employees may once a year transfer the employee-contribution portion of their contribution account to a scheme of their choice. It’s a milestone for the MPF system.

When does it start?

The measure is expected in the second half of next year; the MPFA will announce details and a timetable.

How should workers prepare?

Research plans’ fund choices, fees and service, and compare before transferring. Watch guaranteed funds’ lock-in conditions to avoid losing guarantees.

Compare plan fees at MPF fund comparison.