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MPFA statement

In response to media reports and enquiries on application for early withdrawal of MPF with British National (Overseas) (BN(O)) passport by scheme members, the MPFA made the following statement today (10 March):

“Given the announcement by the Government of the Hong Kong Special Administrative Region on 29 January 2021 that BN(O) passport was no longer recognised as a valid travel document as well as proof of identity, BN(O) passports are no longer recognised as any form of proof of identity in Hong Kong. Thus, scheme members cannot rely on BN(O) passport or its associated visa as evidence in support of an application for early withdrawal of MPF.”

The MPFA pointed out that MPF trustees have the duty to observe Hong Kong laws when handling the administrative matters of MPF schemes. When processing applications for early withdrawal of MPF on the ground of permanent departure from Hong Kong, MPF trustees must act as gate-keeper by reviewing all evidence provided by applicants, and the totality of facts and information.

In this regard, the MPFA will continue to follow up with MPF trustees.

 

-Ends-

10 March 2021