Mandatory Provident Fund (Hong Kong)

The Mandatory Provident Fund (Chinese:強制性公積金), often abbreviated as MPF (強積金), is a compulsory saving scheme (pension fund) for the retirement of residents in Hong Kong. Most of employees and their employers are required to contribute monthly to mandatory provident fund schemes provided by approved private organisations, according to their salaries and the period of employment.

单词	Mandatory Provident Fund
释义	Mandatory Provident Fund 英语百科 Mandatory Provident Fund (Hong Kong) The Mandatory Provident Fund (Chinese:強制性公積金), often abbreviated as MPF (強積金), is a compulsory saving scheme (pension fund) for the retirement of residents in Hong Kong. Most of employees and their employers are required to contribute monthly to mandatory provident fund schemes provided by approved private organisations, according to their salaries and the period of employment.
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