Employer

After the abolition of MPF offsetting arrangement, an employer must, apart from the employment records¹ to be kept under the existing provisions of the Employment Ordinance (EO), also keep wage records covering an existing employee's employment period during the 12 months² immediately preceding the transition date until six months after the employee ceases to be employed. This can facilitate calculation of employees' pre-transition portion of SP/LSP where necessary.

¹ According to the Employment Ordinance, employers must at all times keep wage records of each employee covering the period of his/her employment during the preceding 12 months, and the records should be kept for a period of another six months after the employee ceases to be employed.

² If an employee has worked for less than 12 months preceding the transition date, the employer should keep the employee's wage records of that shorter period of employment. If the employee's employment period preceding the transition date is less than one month, employers will be required to keep wage records of the employee's first month of employment.