The process lets employers offset long service and severance payments with their contributions to pension funds. Photo: AFP
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

High management charges are the real weakness of the MPF

The offsetting process is not the primary weakness of the Mandatory Provident Fund scheme, as some claim. But abolishing it would help us rid ourselves of something that truly is unfair

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The process lets employers offset long service and severance payments with their contributions to pension funds. Photo: AFP
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