Abolition of MPF Offsetting Arrangement
What is the abolition of MPF offsetting arrangement?
Arrangement for employees whose employment commences
on or after 1 May 2025
Arrangement for employees whose employment commences
before 1 May 2025
Arrangement for employees who join Occupation Retirement Schemes
I'm Employer
Keep wage records before the “transition date”
Limited expenses in the initial years & get prepared early
Dismissing employees before the abolition cannot save up monies
I'm Employee
Apply for the shortfall should the aggregate benefits is less than that before the abolition
Protection of Wages on
Insolvency Fund
Safety Net for Employees
Abolition of MPF Offsetting Arrangement Booklet
What is the abolition of MPF offsetting arrangement?
Employers dismissing existing employees and employing ...
How to calculate the amount of severance payment (SP) ...
Employers need not worry about the abolition of MPF offsetting arrangement
