Mandatory Provident Fund

GPTKB entity

Statements (24)
Predicate Object
gptkbp:instanceOf retirement savings scheme
gptkbp:abbreviation gptkb:MPF
gptkbp:administeredBy gptkb:Mandatory_Provident_Fund_Schemes_Authority
gptkbp:contribution employers
employees
5% of relevant income from employee
5% of relevant income from employer
gptkbp:country gptkb:Hong_Kong
gptkbp:earlyWithdrawalConditions death
permanent departure from Hong Kong
small balance
total incapacity
gptkbp:established 2000
https://www.w3.org/2000/01/rdf-schema#label Mandatory Provident Fund
gptkbp:maximumLoanAmount HK$1,500 per month (employee)
HK$1,500 per month (employer)
gptkbp:minimumInvestment HK$90 per month
gptkbp:purpose retirement protection
gptkbp:regulates Mandatory Provident Fund Schemes Ordinance (Cap. 485)
gptkbp:type defined contribution
gptkbp:website https://www.mpfa.org.hk/
gptkbp:withdrawalAge 65
gptkbp:bfsParent gptkb:MPF
gptkbp:bfsLayer 7