An elderly man looks at an electronic board showing the Hong Kong composite index outside a bank on August 5, 2019. Hong Kong requires employees to contribute to the Mandatory Provident Fund, through which their savings can be invested in stock and bond markets. Photo: AP An elderly man looks at an electronic board showing the Hong Kong composite index outside a bank on August 5, 2019. Hong Kong requires employees to contribute to the Mandatory Provident Fund, through which their savings can be invested in stock and bond markets. Photo: AP
An elderly man looks at an electronic board showing the Hong Kong composite index outside a bank on August 5, 2019. Hong Kong requires employees to contribute to the Mandatory Provident Fund, through which their savings can be invested in stock and bond markets. Photo: AP

Mandatory Provident Fund (MPF)

Letters | Why Hong Kong’s MPF provides scant retirement protection for many residents

  • A major risk is that your MPF pot will simply run out if you draw on it too much too quickly or if you live too long

Topic |   Mandatory Provident Fund (MPF)
An elderly man looks at an electronic board showing the Hong Kong composite index outside a bank on August 5, 2019. Hong Kong requires employees to contribute to the Mandatory Provident Fund, through which their savings can be invested in stock and bond markets. Photo: AP An elderly man looks at an electronic board showing the Hong Kong composite index outside a bank on August 5, 2019. Hong Kong requires employees to contribute to the Mandatory Provident Fund, through which their savings can be invested in stock and bond markets. Photo: AP
An elderly man looks at an electronic board showing the Hong Kong composite index outside a bank on August 5, 2019. Hong Kong requires employees to contribute to the Mandatory Provident Fund, through which their savings can be invested in stock and bond markets. Photo: AP
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