What's New

What's New

Driving the full operation of eMPF and continuing to enhance the MPF System for the working population (25 March 2026)

 

MPFA Managing Director Cheng Yan-chee recently attended an event organized by the Pension Schemes Association and thanked the MPF industry’s staunch support to the eMPFTM Platform (eMPF) project. 

 

 

 

Cheng said that all MPF Master Trust Schemes and Employer Sponsored Scheme have successfully onboarded eMPF. Upon the two remaining Industry Schemes joining eMPF in March and April, eMPF will start full operation.

 

 

Since its launch, eMPF has been operating smoothly, having processed nearly 9 million transaction instructions, with more than 70% submitted electronically, reflecting encouraging digital adoption. He emphasised that the success of the project has been made possible through the collective efforts of trustees and the project team. Looking ahead, the focus will be on further enhancing user experience and improving customer service quality.

 

 

Mr Cheng also highlighted that the MPF System marked its 25th anniversary in December 2025. MPFA will continue to take forward a number of initiatives, including completing the minimum and maximum relevant income levels review, further enhancing the Default Investment Strategy, expanding the range of permissible asset classes for MPF funds, and enhancing the recovery process of default MPF contributions. He looked forward to working closely with the industry to further enhance the MPF System for the Hong Kong working population.

MPFA Executive Director (Members and Supervision) Kenneth Chan, and Director of Supervision, Ginni Wong, also attended the event.