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Annex D to V.11 FORM MMB - W(SD2) MANDATORY PROVIDENT FUND SCHEMES ORDINANCE (CAP. 485) STATUTORY DECLARATION FOR CLAIMS FOR WITHDRAWAL OF MINIMUM MPF BENEFITS ON GROUND OF PERMANENT DEPARTURE FROM.

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How to fill out the FORM MMB - W(SD2) MANDATORY PROVIDENT FUND online

Filling out the FORM MMB - W(SD2) is essential for claiming mandatory provident fund benefits due to permanent departure from Hong Kong. This guide provides clear, step-by-step instructions to ensure a smooth and accurate completion of the form online.

Follow the steps to fill out the form successfully.

  1. Click ‘Get Form’ button to access the form and open it in your preferred editor.
  2. Read the warning section carefully. This section includes important information regarding the legal implications of making false declarations.
  3. Complete the claimant information at the top of the form. Provide your name and address accurately in the designated fields.
  4. In the declaration section, state your departure details. Indicate whether you have already departed or will depart Hong Kong permanently, along with the date, in the specified format (dd/mm/yyyy).
  5. Provide the name of the country where you will be residing permanently. Ensure it is clear and correct.
  6. Confirm that you have not received minimum MPF benefits or accrued benefits from any scheme on prior occasions for permanent departure from Hong Kong.
  7. Sign the declaration at the bottom of the form. Ensure your signature matches the name you have provided.
  8. If required, secure the signature and company chop of the person administering the statutory declaration.
  9. Once all sections are completed, review the entire form for accuracy. Make any necessary corrections.
  10. Save your changes, then download, print, or share the form as needed to finalize your submission.

Complete your FORM MMB - W(SD2) online today to ensure a timely claim of your MPF benefits.

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In short, it is possible to withdraw the accrued benefits in a lump sum or by instalments. However, this usually happens once a person reaches the age of 65. Only in some cases, MPF withdrawal is possible before reaching the required retirement age: Early retirement (60 years of age).

What is a mandatory provident fund? 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.

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.

You need to use the following documents to notify the Mandatory Provident Fund Schemes Authority (MPFA): Identity proof. Mandatory declaration Form MPF(S) – W(SD2) Request for MPF withdrawal on the grounds of leaving Hong Kong permanently using the Form MPF(S) – W(O)

For those who have departed Hong Kong or will depart from Hong Kong, and have no intention of resettling in Hong Kong as a permanent resident or returning for employment, you'll need an identification document such as a Hong Kong ID card, a claim form for MPF payments on the grounds of permanent departure from Hong ...

Employees who are employed for less than 60 days, excluding casual employees as defined under the MPFSO^, are also exempt from joining an MPF scheme.

Employers are required to contribute 5% of their employees' income to the MPF, even if the employee is earning less than HK$7,100 per month. The maximum employers' contribution is HK$1,500 for employees earning more than HK$30,000 per month. Employees can also voluntarily contribute more than the required 5%.

You may decide to retire early, depart Hong Kong permanently, or even face terminal illness and death, amongst others. In any case, you'll need to send a claim form to the trustee(s) of the relevant MPF scheme(s) and attach supporting documents (see below).

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