Business leaders want the government to provide greater subsidies if it scraps the controversial offsetting mechanism of the Mandatory Provident Fund. Photo: Felix Wong Business leaders want the government to provide greater subsidies if it scraps the controversial offsetting mechanism of the Mandatory Provident Fund. Photo: Felix Wong
Business leaders want the government to provide greater subsidies if it scraps the controversial offsetting mechanism of the Mandatory Provident Fund. Photo: Felix Wong

Hong Kong business leaders band together to oppose scrapping MPF offsetting mechanism

The latest government proposal to prevent employers from dipping into pensions suffers a setback after major business groups voice opposition

Topic |   Mandatory Provident Fund (MPF)
Business leaders want the government to provide greater subsidies if it scraps the controversial offsetting mechanism of the Mandatory Provident Fund. Photo: Felix Wong Business leaders want the government to provide greater subsidies if it scraps the controversial offsetting mechanism of the Mandatory Provident Fund. Photo: Felix Wong
Business leaders want the government to provide greater subsidies if it scraps the controversial offsetting mechanism of the Mandatory Provident Fund. Photo: Felix Wong
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