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Annex D to IV.4FORM MPF(S) W(SD2) MANDATORY PROVIDENT FUND SCHEMES ORDINANCE (CAP. 485) (the Ordinance) STATUTORY DECLARATION FOR CLAIMS FOR PAYMENT OF ACCRUED BENEFITS ON GROUND OF PERMANENT DEPARTURE.

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When can I withdraw my accrued benefits? At 65, you're able to withdraw your accrued benefits in one go or in instalments by filling in a claim form on the grounds of retirement. If you decide to leave your accrued benefits in your MPF account, they'll continue to be invested in your chosen funds.

MPF is an employment-based retirement protection system. Employees and those self-employed aged between 18 and 65 must join MPF schemes, unless they are exempt.

The mandatory provident fund, or MPF, in Hong Kong is a structured savings scheme designed to provide retirement savings for employed and self-employed Hong Kong citizens. In most cases, participation is mandatory for employers and employees.

Except for exempt persons, employees and self-employed persons aged 18 to 64 are required to join an MPF scheme under the MPFSO.

Monthly paid employees For new employees, employers must make their first-time contributions to trustees on or before the next contribution day (the 10th day of each month) after the calendar month in which the 60th day of employment falls.

Exempt Persons employees and self-employed persons who are under 18 or over 65 years of age. domestic employees. self-employed hawkers. people covered by statutory pension or provident fund schemes, such as civil servants and subsidized or grant school teachers.

(Note 1) For a MPF Scheme, the accrued benefit is equal to the employer's voluntary contributions and the investment return attributable to the employer's voluntary contributions.

Launched in 2000, the Mandatory Provident Fund (MPF) is a privately managed and structured savings scheme in which employers and employees are required to make mandatory contributions to the employee's MPF account.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232