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  • November 29, 2014
  • Last updated: 1:05pm
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  1. Higher salary cap for MPF proposed

    Posted Nov 12th 2006, 12:00am by Quinton Chan, Raymond Ma

    ... from HK$20,000 to HK$25,000 the maximum amount of monthly salary to which the MPF applies. The lower threshold of HK$5,000- the minimum amount someone must earn before having to pay ... the present regime, workers and their bosses both pay 5 per cent of their salary or HK$1,000, whichever is lower, into their MPF each month. If the salary cap is raised to HK$25,000, a person would ...

  2. Policy paper calls for people to retire later

    Posted May 26th 2006, 12:00am by Quinton Chan

    ... can only enjoy benefits, such as MPF, the old-age allowance and transport fare discounts, when they are 65. The official said the study would examine whether a statutory retirement age ...

  3. Later retirement suggested as way to boost workforce

    Posted Nov 12th 2006, 12:00am by Quinton Chan

    ... should only give up work at 65. There is no statutory retirement age. While civil servants usually retire at 60, people can only enjoy benefits, such as the MPF, the old-age allowance ...

  4. Economy has grown, but not incomes

    Posted Feb 20th 2006, 12:00am by Quinton Chan

    ... and the contribution by employers to the Mandatory Provident Fund (MPF) meant people were earning more now than a direct comparison would suggest, he said. David O'Rear, chief economist of the Hong Kong ...



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