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Abolition of MPF Offsetting Arrangement Booklet

Pamphlet for Abolition of MPF offsetting arrangement

Dummies Guides

What is the abolition of MPF offsetting arrangement?

What is the abolition of MPF offsetting arrangement?
How to calculate the amount of severance payment (SP) / long service payment (LSP) after the abolition of MPF offsetting arrangement?

How to calculate the amount of severance payment (SP) / long service payment (LSP) after the abolition of MPF offsetting arrangement?
Employers need not worry about the abolition of MPF offsetting arrangement

Employers need not worry about the abolition of MPF offsetting arrangement
Employers dismissing existing employees and employing new ones cannot save money under the abolition of MPF offsetting arrangement

Employers dismissing existing employees and employing new ones cannot save money under the abolition of MPF offsetting arrangement

Animated videos

What is the abolition of offsetting arrangement under MPF System?

What is the abolition of offsetting arrangement under MPF System?
(Full version /
Short version)

Employers dismissing employees before the abolition of MPF offsetting arrangement and employ new employees cannot save money

Employers dismissing employees before the abolition of MPF offsetting arrangement and employ new employees cannot save money
(Full version /
Short version)

Calculation of severance payment or long service payment after the abolition of MPF offsetting arrangement

Calculation of severance payment or long service payment after the abolition of MPF offsetting arrangement
(Full version /
Short version)

The abolition of MPF offsetting arrangement for Occupational Retirement Schemes (ORS)

The abolition of MPF offsetting arrangement for Occupational Retirement Schemes (ORS)
(Full version /
Short version)

References

Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Ordinance 2022

Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Ordinance 2022
Legislative Council Brief – Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Bill 2022

Legislative Council Brief – Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Bill 2022
Legislative Council Brief - Refinement of Government subsidy scheme for the abolition of the “offsetting” arrangement under the Mandatory Provident Fund System

Legislative Council Brief - Refinement of Government subsidy scheme for the abolition of the “offsetting” arrangement under the Mandatory Provident Fund System
Powerpoint [available in Chinese only]

Abolition of MPF Offsetting Arrangement Powerpoint [available in Chinese only]