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The Award > Eligibility


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Eligibility
 
The Award is granted on an annual basis, covering the period from 1 April to 31 March of the following year. Employers who have participated in an MPF scheme for at least one year and who also fulfill the following criteria may submit an application for the Award:
 
Compliance with Employer’s Statutory Obligations
As a basic requirement, employers must have complied with the relevant requirements under MPF legislation, including enrolling their employees in an MPF scheme and making contributions.
 
Provision of Better Retirement Protection for Employees
 
Apart from being compliant with MPF legislation, employers must have taken one or more extra steps towards enhancing the retirement protection of their employees. They must have fulfilled at least one of the following criteria during the year:
Offered more than one MPF scheme for employees to choose from; or
Offered MPF voluntary contributions for their employees; or
Offered other forms of retirement benefits for their employees under the MPF System (e.g. offered an ORSO top-up scheme for employees).
 
Please read our detailed eligibility and assessment criteria before submitting an application.

Note: Notwithstanding the criteria listed above, the MPFA reserves the right to determine an applicant’s eligibility for the Award. In case of dispute, the decision of the MPFA shall be final.

 

Last Revision Date: 09/08/2016