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MPFA Acting Managing Director shares 21 Magic Figures to review the growth of the MPF System over the years (14 December 2021)

 

MPFA Acting Managing Director Mr Cheng Yan-chee and Executive Director (Members) Ms Cynthia Hui attended the Christmas Luncheon 2021 organized by the Hong Kong Retirement Schemes Association (HKRSA) yesterday (14 Dec), to share with the industry leaders on the latest development of the MPF System and the current work foci of the MPFA.

 

 

 

In his keynote speech at the luncheon, Mr Cheng took the opportunity to give an overview of the major developments and achievements of the MPF System which was introduced 21 years ago.  Through the selected sets of 21 figures involving different aspects of MPFA’s work, Mr Cheng highlighted the key milestones of the System from different perspectives, including scheme members’ protection, enforcement, supervision and continuous reforms which solid demonstrated the intent and purposes of the MPF System in providing basic retirement protection for the benefits of the working population in Hong Kong.