Please be reminded that the Contribution Day for the contribution period of September 2019 will be on 10^th October, 2019. Due to fewer working days in early October, employers are encouraged to make early arrangement for MPF contributions in order to avoid surcharges being imposed.

To meet customer needs, BEA MPF has added new functions to its online enrolment platform. The enhanced platform allows customers to apply for MPF accounts much more simply and straightforwardly, including:

• Applying online for a Tax Deductible Voluntary Contribution Account
• Completing their e-Application with an e-Signature using a computer or mobile device

Please click here to learn more and experience the enhanced platform. Should you have any questions, please call our BEA (MPF) Hotline on 2211 1777 (Operated by Bank of East Asia (Trustees) Limited).

BEA MPF services will be unavailable across all electronic channels (internet, phone, ATM, mobile banking, and Corporate Cyberbanking) from 08:00 to 20:00 on 7^th July, 2019 for an essential system enhancement, so that we can continue to provide you with the highest level of service quality. No notification will be issued if service is resumed earlier. We apologise for any inconvenience caused.

BEA MPF services will be unavailable across all electronic channels (internet, phone, ATM, mobile banking, and Corporate Cyberbanking) from 00:00 on 11^th May to 08:00 on 13^th May, 2019 for an essential system enhancement, so that we can continue to provide you with the highest level of service quality. No notification will be issued if service is resumed earlier. We apologise for any inconvenience caused.

The Good MPF Employer Award 2018-19, organized by the Mandatory Provident Fund Schemes Authority (MPFA), is inviting applications.

The Good MPF Employer Award aims to promote and foster employer compliance with MPF legislation; encourage employers to provide better retirement benefits for their employees; and recognize employers who are exemplary in enhancing the retirement benefits of their employees.

Employers who are interested to the Award can simply submit an application online on MPFA’s Good MPF Employer Award website. Alternatively, employers can submit their applications through email, fax or post. The application deadline is 30 June.

Don't wait, apply now and be the Good MPF Employer of 2018-19!

Hotline: 2292 1222

Email: goodMPFemployer@mpfa.org.hk

The Inland Revenue and MPF Schemes Legislation (Tax Deductions for Annuity Premiums and MPF Voluntary Contributions) (Amendment) Bill 2018 takes effect on 1^st April, 2019. Starting from the effective date, similar to premiums paid for qualifying deferred annuity products, MPF voluntary contributions made in a specified account set-up by MPF scheme members (namely, TVC account) can also enjoy tax concession in order for them to meet the long-term saving objective for retirement protection.

Explanatory Memoranda (version dated April 2019) of the three BEA MPF schemes have been revised through the First Addenda, to be issued on 1^st April, 2019. This will include changes in relation to the features and restrictions of TVC.

• First Addendum to the Explanatory Memorandum of the BEA (MPF) Master Trust Scheme
  and Notice To Participants
• First Addendum to the Explanatory Memorandum of the BEA (MPF) Value Scheme
  and Notice To Participants
• First Addendum to the Explanatory Memorandum of the BEA (MPF) Industry Scheme
  and Notice To Participants

Pursuant to the launch of TVC, related webpages, leaflet and administrative forms of BEA MPF had also been updated accordingly. To know more about TVC, please visit our TVC dedicated webpage.

Should you have any questions, please call our BEA (MPF) Hotline (operated by the Bank of East Asia (Trustees) Limited) on 2211 1777.

BEA MPF services will be unavailable across all electronic channels (internet, phone, ATM, mobile banking, and Corporate Cyberbanking) from 09:00 to 18:00 on 3^rd February, 2019 for an essential system enhancement, so that we can continue to provide you with the highest level of service quality. No notification will be issued if service is resumed earlier. We apologise for any inconvenience caused.

Please be reminded that the Contribution Day for the contribution period of January 2019 will be on 11^th February, 2019. Due to the long Chinese New Year holiday in early February, employers are encouraged to make early arrangement for MPF contributions in order to avoid surcharges being imposed.

Explanatory Memoranda of the three BEA MPF schemes have been revised through the Fourth Addenda, to be issued on 31^st December, 2018. This will include changes in relation to the disclosure of management fee breakdown and other miscellaneous changes.

• Fourth Addendum to the Explanatory Memorandum of the BEA (MPF) Master Trust Scheme
  and Notice To Participants
• Fourth Addendum to the Explanatory Memorandum of the BEA (MPF) Value Scheme
  and Notice To Participants
• Fourth Addendum to the Explanatory Memorandum of the BEA (MPF) Industry Scheme
  and Notice To Participants

Should you have any questions, please call our BEA (MPF) Hotline (operated by the Bank of East Asia (Trustees) Limited) on 2211 1777.