Useful Information & Publications

Powerpoint [available in Chinese only]

Legislative Council Brief – Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Bill 2022

Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Ordinance 2022

Pamphlet – Abolition of MPF offsetting arrangement

Infographics –

• What is the abolition of MPF offsetting arrangement?
• How to calculate the amount of severance payment (SP) / long service payment (LSP) after the abolition of MPF offsetting arrangement?
• Employers need not worry about the abolition of MPF offsetting arrangement
• Employers dismissing existing employees and employing new ones cannot save up monies under the abolition of MPF offsetting arrangement

Government Subsidy Scheme

Legislative Council Brief - Refinement of Government subsidy scheme for the abolition of the “offsetting” arrangement under the Mandatory Provident Fund System