What’s the Penalty for Not Contributing to MPF?

What did a June 2011 case show?

On 28 June 2011, Gold Universe International Travel’s senior officer Lam Wing-yung and the company admitted two counts each of failing to contribute from their own funds for December 2008 and January 2009 at Kwun Tong Magistrates’ Courts — HK$2,000 each, HK$4,000 total. The charges breached MPF Ordinance sections 7A(2)(a) and 44.

Why must contributions be made?

Employers and senior officers must ensure contributions — it’s not optional; defaults bring prosecution and a record.

What’s the lesson for workers?

Report employer defaults to the MPFA; and choose your funds well at MPF fund comparison.