What Happens to Members Who Lie to Withdraw MPF Early?

What MPF offences were prosecuted in March 2011?

On 14 March 2011, member Cheung Kai-tak was convicted at Kwun Tong Magistrates’ Courts under MPF Ordinance s.43E(1) and fined HK$6,000 for false and misleading statements claiming permanent departure. The same day, two employers were convicted: Kwok Pui-man of Pui Ying Beauty Trading was fined HK$48,000 for failing to enrol staff and defaulting contributions; Chu Yan-tak of Tak Shing Auto Body Works was fined HK$41,000 for multiple defaults. The Small Claims Tribunal also ordered Ka Wai Food to pay a HK$5,000 default surcharge.

How hard are defaulting employers hit?

Prosecution and fines apply, plus the MPFA recovers arrears and surcharges; offenders are named on the MPFA’s public defaulting-employers register.

How can employees protect themselves?

Check annual benefit statements to confirm timely contributions; report suspected defaults to the MPFA hotline 2918 0102. Contribution rules are on the MPFA website; fund choices at MPF fund comparison.