Events listed in Employment Ordinance
MPFA welcomes the announcement of the effective date of the abolition of the ...
ID 23043
The Mandatory Provident Fund Schemes Authority, MPFA, has published a press statement to commend on the announcement of an effective date of the Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Ordinance 2022. The Ordinance will no longer permit employers to use accrued benefits under the Mandatory Provident Fund scheme resulting from mandatory contributions to offset severance payments (SP) / long service payments (LSP) ...