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- MPFA promotes the eMPF Platform to young entrepreneurs (27 October 2024)
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MPFA promotes the eMPF Platform to young entrepreneurs (27 October 2024)
MPFA Chief Corporate Affairs Officer Mr Wallace Lau attended a Greater Bay Area Young Entrepreneurs forum as a keynote speaker yesterday (27 Oct), introducing the MPF System and the eMPF Platform to young people and entrepreneurs.
He shared that before the launch of the eMPF Platform, many employers are still using non-digital means to manage MPF administration, relying on paper forms submitted via mail or through MPF intermediaries. This traditional approach not only results in paper consumption but also requires significant manual efforts, which is pronged to human error. He added that the eMPF Platform is a centralized, common and one-stop electronic platform, where all employers and scheme members can easily manage MPF administration tasks. Employers can make contributions through the Platform conveniently, while employees can view and consolidate all their MPF accounts via a mobile app or web portal.
Mr Lau also highlighted that the eMPF Platform is a model and pioneer fintech solution in the local and global pension arena. It is also a major initiative in the "Smart City Blueprint for Hong Kong".