Most Read Contributor in Hong Kong, September 2016
Originally published on 15 June 2011
Keywords: income levels, MPF contributions, minimum relevant
The Hong Kong Government presented to the Legislative Council
yesterday the proposal to increase the minimum and maximum relevant
income levels for MPF contributions, details of which are:
The minimum relevant income would be raised from $5,000 to
$6,500 per month with effect from 1 November 2011;
The maximum relevant income would be increased from $20,000 to
$25,000 per month with effect from 1 June 2012.
An additional 180,090 employees and self-employed persons would
be excluded for making mandatory contributions under the former
adjustment, while 514,000 employees and self-employed persons would
be required to make additional mandatory contributions.
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This article provides information and comments on legal
issues and developments of interest. The foregoing is not a
comprehensive treatment of the subject matter covered and is not
intended to provide legal advice. Readers should seek specific
legal advice before taking any action with respect to the matters
discussed herein. Please also read the JSM legal publications
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