Enforcement

Scheme Members

When trustees* receive withdrawal requests from scheme members on ground of permanent departure from Hong Kong, they will notify MPFA in order to verify if the scheme member has previously been paid MPF on the same ground. MPFA will also proactively conduct sample checks on the withdrawal cases. During the five-year period from 2013-14 to 2018-19, over 400 scheme members were convicted of making false declarations to withdraw MPF on ground of permanent departure from Hong Kong.

 

MPFA calls on scheme members through TV programmes to take note of the above and refrain from unlawful conduct.

 

 

* MPF trustees and their schemes will get onboard the eMPF Platform in sequence one by one. When the scheme has got onboard to the Platform, eMPF Company will utilize the eMPF Platform to perform the administration of the scheme, provide scheme administration services to employer, scheme member and self-employed person and handle the service instructions. From then on, employer, scheme member and self-employed person can manage your MPF on the eMPF Platform and should no longer submit service instructions to MPF trustee; the eMPF Platform will provide the relevant information and/or documents to you directly. Please visit eMPF Website (www.empf.org.hk) for the onboarding timeline of MPF scheme(s) and the relevant information.

Enforcement measures


MPFA will prosecute scheme members who are suspected of violating the MPFSO by providing false information for early withdrawal of MPF.

Penalties

On the first conviction, offenders are liable to a maximum fine of $100,000 and imprisonment for one year. On each subsequent conviction, offenders are liable to a maximum fine of $200,000 and imprisonment for two years.