- MPFA
-
MPF System
- Background
- Types of MPF Schemes
- MPF Coverage
- Enrolment and Termination
- Mandatory Contributions
- Voluntary Contributions / Tax Deductible Voluntary Contributions
- MPF Tax Matters
- MPF Account Management
- Withdrawal of MPF
- Arrangements for Offsetting Long Service Payment and Severance Payment
- Anniversaries of MPF System
- MPF Investment
- ORSO
- Supervision
- Enforcement
- eMPF Platform
Info Center
Press Releases
- Your Position
- Homepage
- Information Centre
- Press Releases
- MPFA statement
Share
-
Copy Address
URL copied!
- Print This Page
MPFA statement
In response to media reports and enquiries on application for early withdrawal of MPF with British National (Overseas) (BN(O)) passport by scheme members, the MPFA made the following statement today (10 March):
“Given the announcement by the Government of the Hong Kong Special Administrative Region on 29 January 2021 that BN(O) passport was no longer recognised as a valid travel document as well as proof of identity, BN(O) passports are no longer recognised as any form of proof of identity in Hong Kong. Thus, scheme members cannot rely on BN(O) passport or its associated visa as evidence in support of an application for early withdrawal of MPF.”
The MPFA pointed out that MPF trustees have the duty to observe Hong Kong laws when handling the administrative matters of MPF schemes. When processing applications for early withdrawal of MPF on the ground of permanent departure from Hong Kong, MPF trustees must act as gate-keeper by reviewing all evidence provided by applicants, and the totality of facts and information.
In this regard, the MPFA will continue to follow up with MPF trustees.
-Ends-
10 March 2021