Safeguard your interest in the MPF scheme

Strengthening inspections and enforcement

As the statutory body overseeing the MPF system, the MPFA not only responds promptly to employee complaints but also proactively investigates suspected non-compliance based on trustee reports and media coverage, protecting employees’ MPF rights.

In the 2024–25 financial year, the MPFA conducted inspections at 1,441 workplaces, continuing the upward trend seen in previous years. This reflects both changes in Hong Kong’s economic landscape and MPFA’s commitment to early detection of potential non-compliance.

Diverse enforcement measures to protect rights

The MPFA adopts a range of enforcement actions depending on the nature of the employer’s non-compliance, including:

1. Requiring immediate rectification of any breach;
2. Imposing a 5% surcharge on default contributions;
3. Filing civil claims to recover outstanding contributions and surcharges;
4. Levying financial penalties;
5. Initiating criminal proceedings against non-compliant employers or related parties (including senior officers, directors, and business partners).

In 2024–25, the MPFA issued 323 summonses to employers and company officers suspected of breaching MPF regulations, using legal channels to address serious violations.

Employees should take an active role in protecting their MPF rights

In addition to relying on enforcement actions, employees they should also know their rights to safeguard their own MPF interests:

On joining the employer

Under the law, employers must enroll employees in an MPF scheme within the first 60 days of employment. Once enrolled, employees should receive a participation notice within 30 days, which includes their name, the name of the MPF scheme, and trustee details.

Subsequently, employees should receive a scheme information document within 60 days, outlining the scheme’s terms, applicable fees, fund details, and contact information for enquiries.

Regular review of contribution records

To ensure contributions are made accurately and on time, employees are encouraged to regularly review their MPF contribution records. After making monthly contributions to the trustee, employers must provide employees with a contribution record within seven working days. This record should include:

1. The employee’s relevant income amount;
2. Mandatory contributions from both employer and employee;
3. Voluntary contributions from both parties (if any);
4. The date the contributions were paid to the trustee.

Additionally, employees should receive an annual benefit statement from the trustee within three months after the end of each financial year. This statement outlines the total contributions made by both employer and employee, the account value at the beginning and end of the year, and any gains or losses, helping members monitor their retirement savings.

Report suspected issues promptly

If employees suspect that their employer has failed to comply with MPF requirements, they should first clarify the situation with the employer or trustee. If concerns persist, they are advised to file a complaint with the MPFA and provide relevant information to facilitate investigation and follow-up.

Moving forward

Whilst the MPFA continues to enhance its enforcement mechanisms and public education efforts to promote compliance among employers and raise awareness for all participants, employee vigilance also play an important role in contributing to the overall integrity of the MPF system.