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- Launched for 22 years MPF System strives to provide better retirement protection to the working population (1 December 2022)
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Launched for 22 years MPF System strives to provide better retirement protection to the working population (1 December 2022)
MPFA Managing Director Mr Cheng Yan-chee delivered a keynote speech at the Annual Dinner organized by the Hong Kong Retirement Schemes Association (HKRSA) today (1 Dec) which happened to be the 22nd Anniversary of the MPF System. Mr Cheng shared and reviewed the development and latest initiatives of the MPF System with the industry leaders.
Echoing the theme of the event, he used the word “MAGIC” to provide updates on five major fronts of MPFA including the development of the eMPF Platform, MPF investment performance, MPFA’s role as guardian of members’ interest, initiatives to broaden the MPF investment universe and collaborations with stakeholders.
Mr Cheng however emphasized that the improvements and achievements in the MPF System over the past 22 years was not a magic trick. It was indeed a collective results made by every scheme member and employer through regular contributions and investment over a long period of time. With the joint efforts of the industry to put the scheme members’ interests first, MPFA would continue to perfect the MPF System with the view to providing better retirement protection for the working population in Hong Kong.
