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Jake's View | Time for Hong Kong to start over with a simpler, cost efficient MPF
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Why you can trust SCMP
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There were good reasons for giving employers the right to choose Mandatory Provident Schemes for their employees when the MPF system was set up in 2000.
This arrangement was administratively simpler and more cost-efficient, and facilitated the efficient launch of the system back then
Chang Yan-chee, MPF
Letter to the editor,
July 27
Let us consider what has always been the simplest and most cost-efficient way of setting up the MPF.
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