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Benefit Projection

Benefit Projection

The MPF System works on the general principles of long-term savings and investment. Below are illustrative examples of the amount of accrued benefits a member with a monthly salary of $8,000 or $11,000 may expect upon retirement at the age of 65. Use the MPF Calculator here for an estimation of accrued benefits.

Monthly salary = $8,000
Age at which the first contribution starts
Yearly rate of net investment return (1%) Yearly rate of net investment return (4%)
25 years old $472,000 $946,000
40 years old $273,000 $411,000
55 years old $101,000 $118,000

Monthly salary = $11,000
Age at which the first contribution starts
Yearly rate of net investment return (1%) Yearly rate of net investment return (4%)
25 years old $649,000 $1,300,000
40 years old $375,000 $566,000
55 years old $139,000 $162,000

Assumptions:
* Bonus, 13th month pay or other allowances are not included.
* The effects of salary increase and inflation are ignored.
* Net investment return is net of all applicable fees and charges.

The above examples are for illustration purposes only. The exact amount of accrued benefits a scheme member will receive upon retirement will depend on how closely the assumptions match with his/her actual circumstances.

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