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Digital Platform Forecast To Save Hong Kong's MPF Account Holders Up To HK$40 Billion In First 10 Years

Digital Platform Forecast To Save Hong Kong's MPF Account Holders Up To HK$40 Billion In First 10 Years

A major overhaul of Hong Kong's compulsory pension system - the Mandatory Provident Fund (MPF) - could bring about savings of between HK$30 billion and HK$40 billion for millions of employees in the first 10 years after its launch in 2023, a government minister says. Secretary for Financial Services and the Treasury Christopher Hui Ching-yu disclosed the figures in a post...

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China Christopher Hui HK$40 Hong Kong Jonathan Wong MPF