What Are Employers’ Duties Under the Employee Choice Arrangement?

How does the arrangement affect employers?

A 2011 MPFA column listed four employer essentials: enrol new hires before the first contribution date after 60 days’ employment; calculate and pay accurately by the contribution date (5% surcharge on defaults); appoint a dedicated MPF colleague; and report leavers’ details to the trustee within 30 days. Unreported leavers look like contribution defaults and get referred to the MPFA.

Why get an MPF intermediary licence?

It builds professional knowledge for smoother administration, avoiding costly negligence and reputational damage; SMEs were advised to list it in HR hiring criteria.

What should employees do?

With employees choosing their own trustees, choosing well matters more — compare fees and performance at MPF fund comparison.