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- Good MPF Employer Award 2015-16 opens for applications on 1 April
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Good MPF Employer Award 2015-16 opens for applications on 1 April
If you have complied with Mandatory Provident Fund (MPF) legislation and care about your employees’ retirement benefits, seize the opportunity and seek recognition from the Mandatory Provident Fund Schemes Authority (MPFA) as a Good MPF Employer in the coming year!
The Good MPF Employer Award is an annual award launched by the MPFA to recognize employers who are exemplary in enhancing the retirement benefits of their employees, to promote and foster employer compliance with MPF legislation, and to encourage employers to provide better retirement benefits for their employees.
The Good MPF Employer Award 2015-16 is inviting applications starting from tomorrow (1 April). Apart from having participated in an MPF scheme for at least one year (as of 31 March 2016) and complying with the MPF legislation, a Good MPF Employer must have fulfilled at least one of the following criteria:
The MPFA will hold an award presentation ceremony later this year. An Award certificate will be presented to the awardees, and the awardees list will be uploaded to the MPFA website for reference by members of the public.
Any employer who is interested in the Award can submit a written application to the MPFA using the application form. Employees can nominate their employers for the Award by completing and submitting the nomination form to the MPFA. If a nominated employer is granted the Award, the employee who made the nomination will receive a souvenir from the MPFA as a token of appreciation.
The deadline for submitting an application for the Good MPF Employer Award 2015-16 is 30 June 2016. The results will be announced in September 2016. Details of the Award can be found in the publicity leaflet or on its webpage.
The response to the first Good MPF Employer Award, which was launched last year, was impressive, with 655 organizations receiving the Award. The awardees came from different industries, including finance, construction, education, transportation, trading, property management, tourism and catering, and were estimated to employ over 120,000 employees overall. Over 60% of the organizations were small- to medium-sized enterprises employing fewer than 100 people.
– Ends –
31 March 2016
The Good MPF Employer Award is an annual award launched by the MPFA to recognize employers who are exemplary in enhancing the retirement benefits of their employees, to promote and foster employer compliance with MPF legislation, and to encourage employers to provide better retirement benefits for their employees.
The Good MPF Employer Award 2015-16 is inviting applications starting from tomorrow (1 April). Apart from having participated in an MPF scheme for at least one year (as of 31 March 2016) and complying with the MPF legislation, a Good MPF Employer must have fulfilled at least one of the following criteria:
- Offering more than one MPF scheme for employees to choose from;
- Offering MPF voluntary contributions for their employees; or
- Offering other forms of retirement benefits for their employees under the MPF System (e.g. an ORSO top-up scheme for employees).
The MPFA will hold an award presentation ceremony later this year. An Award certificate will be presented to the awardees, and the awardees list will be uploaded to the MPFA website for reference by members of the public.
Any employer who is interested in the Award can submit a written application to the MPFA using the application form. Employees can nominate their employers for the Award by completing and submitting the nomination form to the MPFA. If a nominated employer is granted the Award, the employee who made the nomination will receive a souvenir from the MPFA as a token of appreciation.
The deadline for submitting an application for the Good MPF Employer Award 2015-16 is 30 June 2016. The results will be announced in September 2016. Details of the Award can be found in the publicity leaflet or on its webpage.
The response to the first Good MPF Employer Award, which was launched last year, was impressive, with 655 organizations receiving the Award. The awardees came from different industries, including finance, construction, education, transportation, trading, property management, tourism and catering, and were estimated to employ over 120,000 employees overall. Over 60% of the organizations were small- to medium-sized enterprises employing fewer than 100 people.
– Ends –
31 March 2016