What is “$500,000 threshold”? | Abolition of MPF Offsetting Arrangement

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Subsidy Scheme for Abolition of MPF Offsetting Arrangement

The $500,000 threshold refers to whether the accumulated amount of post-transition portion of SP/LSP payable by an employer during the same year exceeds $500,000:

Illustration on the $500,000 threshold under the Subsidy Scheme for Abolition of MPF Offsetting Arrangement

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Subsidy Scheme for Abolition of MPF Offsetting Arrangement

Key points

What is “$500,000 threshold”?

Calculate employers' shared amount

Examples

Method of subsidy

Eligibility