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- MPFA outreach events disseminate MPF messages to employees in various industries
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MPFA outreach events disseminate MPF messages to employees in various industries
To promote the new contribution scale for the Mandatory Provident Fund (MPF) Industry Schemes and the new minimum relevant income level, the MPF Industry Schemes Committee Chairman Li Fung-ying, Chief Corporate Affairs Officer of the Mandatory Provident Fund Schemes Authority (MPFA) Cheng Yan-chee and representatives of the Hong Kong Construction Industry Employees General Union, yesterday (21 November) visited construction sites in Tai Po and Tseung Kwan O to remind the workers to take good care of their MPF and to pay attention to the new contribution arrangements.
The MPF Industry Schemes are designed for the construction and catering industries, which have high labour mobility, with many “casual employees” – those whose employment is on a day-to-day basis or for a period of less than 60 days. Employers in the two industries can choose to enrol in the Industry Schemes, which make MPF arrangements as convenient as possible. On 1 November this year, a new contribution scale for the schemes took effect. The methods for calculating the amount of contributions have been simplified and the daily minimum level of relevant income has been revised from $250 to $280.
“The MPFA has been using a variety of channels to disseminate MPF messages to employees in different industries,” Mr Cheng said. “We attach great importance to reaching out to the community and will continue to do so, drawing the public’s attention to their MPF rights and encouraging them to actively manage their MPF.”
Apart from yesterday’s outreach activities, the MPFA has since August worked together with more than 20 labour unions, business associations, government departments, and statutory and vocational training organizations to arrange briefing sessions for employees and employers enrolled in MPF Industry Schemes, giving them a face-to-face update on the new contribution scale and the new minimum relevant income level. Over 30 sessions will have been held by the end of this year.
In addition, the MPFA will partner with taxi and minibus associations and organize visits to various districts in the next two weeks to remind drivers there, who are mostly self-employed persons (SEPs) under the MPF System, to actively manage their MPF accounts. The “Guide on MPF Rights and Obligations for Self-employed Persons” will be distributed to foster a greater understanding of the MPF System.
Under the MPF System, SEPs are required to enrol in an MPF scheme and make regular MPF contributions.
The MPF Industry Schemes Committee Chairman Li Fung-ying (first from left), Chief Corporate Affairs Officer of the Mandatory Provident Fund Schemes Authority Cheng Yan-chee (second from left) and Chairman of the Hong Kong Construction Industry Employees General Union Chow Luen-kiu (third from left) remind workers to take good care of their MPF and to pay attention to the new contribution arrangements under the Industry Schemes at a construction site.
- Ends -
22 November 2013
The MPF Industry Schemes are designed for the construction and catering industries, which have high labour mobility, with many “casual employees” – those whose employment is on a day-to-day basis or for a period of less than 60 days. Employers in the two industries can choose to enrol in the Industry Schemes, which make MPF arrangements as convenient as possible. On 1 November this year, a new contribution scale for the schemes took effect. The methods for calculating the amount of contributions have been simplified and the daily minimum level of relevant income has been revised from $250 to $280.
“The MPFA has been using a variety of channels to disseminate MPF messages to employees in different industries,” Mr Cheng said. “We attach great importance to reaching out to the community and will continue to do so, drawing the public’s attention to their MPF rights and encouraging them to actively manage their MPF.”
Apart from yesterday’s outreach activities, the MPFA has since August worked together with more than 20 labour unions, business associations, government departments, and statutory and vocational training organizations to arrange briefing sessions for employees and employers enrolled in MPF Industry Schemes, giving them a face-to-face update on the new contribution scale and the new minimum relevant income level. Over 30 sessions will have been held by the end of this year.
In addition, the MPFA will partner with taxi and minibus associations and organize visits to various districts in the next two weeks to remind drivers there, who are mostly self-employed persons (SEPs) under the MPF System, to actively manage their MPF accounts. The “Guide on MPF Rights and Obligations for Self-employed Persons” will be distributed to foster a greater understanding of the MPF System.
Under the MPF System, SEPs are required to enrol in an MPF scheme and make regular MPF contributions.
The MPF Industry Schemes Committee Chairman Li Fung-ying (first from left), Chief Corporate Affairs Officer of the Mandatory Provident Fund Schemes Authority Cheng Yan-chee (second from left) and Chairman of the Hong Kong Construction Industry Employees General Union Chow Luen-kiu (third from left) remind workers to take good care of their MPF and to pay attention to the new contribution arrangements under the Industry Schemes at a construction site.
- Ends -
22 November 2013
