NettetThe Mandatory Provident Fund (Chinese: 強制性公積金), often abbreviated as MPF (強積金), is a compulsory saving scheme (pension fund) for the retirement of residents in … NettetThe Mandatory Provident Fund Schemes Authority (MPFA) is the statutory body established in 1998 to regulate and supervise the operation of MPF schemes. With a …
MPFA Frequently Asked Questions
Nettetthe MPF benefits derived from the employee mandatory contributions in your contribution account under current employment are transferred to another scheme of your own choice under a personal account. When changing jobs, many employees tend to focus on their new employment and often forget about their MPF account under their previous … Nettet8. nov. 2024 · Deep dive into the legal obligations around MPF. As an employer, you might need to know how to open an account and make MPF contributions for your employees. According to Hong Kong regulations, employers set aside a portion of their employees’ salaries and send it to the Mandatory Provident Fund. tot v man city
Mandatory Provident Fund Schemes Authority (MPFA) LinkedIn
NettetManager (Supervision) Mandatory Provident Fund Schemes Authority. Ngau Tau Kok. Monitor MPF trustees & their service providers. Participate in supervision projects. … NettetBeing a part of the best Hong Kong MPF trustee, Principal Hong Kong, You'll work with a high-performing team designed to develop you as an individual. Passion and drive are celebrated and rewarded. You can expect a collaborative work environment and exciting opportunities for career growth. Nettet24. okt. 2024 · The MPF employee contribution and MPF employer contribution should each be 5% of the employee’s relevant income, subject to relevant income levels. For a monthly-paid employee, the minimum and maximum relevant income levels are $7,100 and $30,000 respectively. People who are self-employed need to pay 5% of their … potion craft how to make poison