The Mandatory Provident Fund

In response to the World Bank publishing its report on the protection of the elderly and policies to promote growth in 1994, Hong Kong began to develop "the Mandatory Provident Fund Schemes Ordinance" in 1995 and began implementation of the MPF system in 2000 in order to safeguard public retirement.


Employers are required to make the arrangement for both full-time and part-time employees aged between 18 and 65 and employed for 60 days or more to join a registered MPF Scheme. Should the employee change jobs, the contributions can be transferred to the new employer's retirement program.

 Mandatory Contribution

Mandatory contributions are calculated on the basis of 5% of an employee's relevant income, with the employer matching the employee's contribution. Employers and employees can opt to make extra, voluntary contributions in

 Capital World

Capital World assists entrepreneurs in Hong Kong to keep in line with the regulations, helping them to open MPF accounts, fulfill their responsibilities as an employer.