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How Much Was the Employer Fined for Defaulting?

2011-05-17
Marcus Tang

What did the MPFA announce in May 2011?

On 16 May 2011, the MPFA announced: an employer convicted of defaulting on MPF contributions was fined HK$46,500. The MPFA reiterated strict enforcement against defaults.

What’s the lesson for workers?

Employer defaults are no small matter; check contribution records regularly and complain at the first suspicion.

Which trustee should you pick?

Compare trustees’ fees and fund performance at MPF fund comparison.

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