- MPFA
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MPF System
- Background
- Types of MPF Schemes
- MPF Coverage
- Enrolment and Termination
- Mandatory Contributions
- Voluntary Contributions / Tax Deductible Voluntary Contributions
- MPF Tax Matters
- MPF Account Management
- Withdrawal of MPF
- Arrangements for Offsetting Long Service Payment and Severance Payment
- Anniversaries of MPF System
- MPF Investment
- ORSO
- Supervision
- Enforcement
- eMPF Platform
ORSO
Overview
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MPFA assumes the role of the Registrar of Occupational Retirement Schemes (ORSO schemes). Our work in this area includes (but not limited to) the following:
- processing various changes and applications in relation to ORSO schemes
- ensuring compliance of all exempted schemes and registered schemes
- liaising with professional and industry bodies
ORSO schemes and MPF schemes are both retirement protection schemes set up for employees in Hong Kong, but their operations are different. Since the launch of the MPF System, MPFA has exempted a number of ORSO schemes that meet certain criteria from following MPF regulations.
For more details about ORSO schemes, please refer to A Guide to the Occupational Retirement Schemes Ordinance
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Comparing MPF Schemes and ORSO Schemes
