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  • November 24, 2014
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Results 1 - 8 of 8 for mpf

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  1. MPF body seeks data for bonus

    Posted Jul 24th 2008, 12:00am by Agnes Lam

    ... The MPF Authority is collecting data from trustees and employers to locate employees, casual workers, the self-employed and those who have become jobless recently who might be eligible to receive ... recipients should have an MPF account or pension account as at February 29 this year. Self-employed people should report their incomes to the trustees on or before August 29. Their eligibility ...

  2. Authority urged to collect MPF contributions

    Posted Jan 14th 2009, 12:00am by Agnes Lam

    ... Agnes Lam A major workers' union has called on the Mandatory Provident Fund Schemes Authority to collect MPF contributions to ensure employers do not default on their share of the payment, as is happening now. Legislator Ip Wai-ming, who is also a senior secretary of the Federation of Trade Unions, said many employers had managed to avoid contributing to workers' MPF ...

  3. MPF fund faces name change to avoid confusion

    Posted Feb 23rd 2009, 12:00am by Agnes Lam

    ... investment product. 'Many workers thought they could preserve every penny of their MPF contribution in their accounts if they placed their money in the Capital Preservation Fund,' Ms Cheung ... their discontent over the MPF scheme at a seminar organised by the union in December. Some had also complained about management fees deducted from their accounts each month to pay the trustees, Ms Cheung ...

  4. Penalties under MPF ordinance toughened

    Posted Jun 19th 2008, 12:00am by Agnes Lam

    ... who fails to enrol employees in an MPF scheme or fails to make contributions will be subject to a maximum fine of HK$350,000 and three years in jail. At present, the maximum penalty ... the case of Sing Pao Daily News: their employer failed to make MPF contributions again and again,' he said. 'Former employees had to seek help from many departments before they could ...

  5. 120 laid-off employees claim HK$4m from defunct courier

    Posted Oct 14th 2008, 12:00am by Agnes Lam

    ... paid for August or last month, and no contributions to their MPF accounts had been made for the past two years. 'Some workers have filed cases with the Labour Department to complain about the company, and some have also lodged cases to the MPF authority,' he said. Mr Wong said the employer had promised to try to sell assets and recover unsettled payments from clients to pay staff. ...

  6. Means test would disqualify most workers

    Posted Oct 17th 2008, 12:00am by Agnes Lam

    ... with his employer, his MPF account surely cannot pass the means test,' Professor Sin said. 'Unless a worker stops working 20 years before retirement and lives on welfare... the chance ... have about HK$1 million in his MPF account. 'Assuming that a worker and his employer contribute a total of HK$500 a month to the account for 47 years- starting work at 18 and retiring ...

  7. Cab Chat

    Posted Jun 23rd 2008, 12:00am by Agnes Lam

    ... to the staff's Mandatory Provident Fund account. The government is very stupid and thinks that the MPF will solve problems for people who have no retirement plan. But the fact is that the MPF cannot help ...

  8. Cab Chat

    Posted Apr 08th 2005, 12:00am by Agnes Lam

    ... yet they still have to make a contribution to the fund. I really don't like the MPF as the scheme holds my money and I cannot use it when I have urgent matters to deal with. What if I die ...



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