What Is the Penalty for Faking Emigration to Claim MPF?

What Is the Penalty for Faking Emigration to Claim MPF?

On 1 February 2011, two members were convicted at Kwun Tong Magistrates’ Courts for falsely claiming permanent departure to withdraw MPF early, fined HK$6,000 each. They had falsely declared they never previously withdrew on those grounds.

What about non-compliant employers?

The same day, one senior officer and four employers were convicted of MPF Ordinance breaches, fined HK$161,000 in total — for failing to enrol staff, late contributions and misstating employees’ “relevant income”.

What are the limits on permanent-departure withdrawal?

Each member may use “permanent departure from Hong Kong” for early withdrawal only once in a lifetime. The MPFA checks immigration records; faking departure is a criminal offence punishable by fine or imprisonment.

How should you handle MPF when leaving a job — legally?

Transfer your benefits to the new employer’s account or a preserved account. Compare MPF funds to understand your options first.