Transitional operation arrangement for onboarding to the eMPF Platform
BOCPT will stop accepting scheme administration service instructions according to different cut-off dates before getting onboard to the eMPF Platform on 5 June 2025. If you wish to have instructions processed before the onboarding date, the valid instructions must reach BOCPT by the respective cut-off dates mentioned under:
- Section 4 of Notice to Participating Employers and Members of BOC-Prudential Easy Choice Mandatory Provident Fund Scheme
- Section 4 of Notice to Participating Employers and Members of My Choice Mandatory Provident Fund Scheme
Instruction^ | Received by us on or before**: |
Redemption (including withdrawal and claim of accrued benefits) # |
21.05.2025 with all required document duly received |
Transfer-out of members (including employee members and self-employed persons) and employers ## |
21.05.2025 with all required document duly received |
Termination (including cessation of employment, cessation of self-employment and termination of MPF account) |
21.05.2025 with all required document duly received |
Participating employer / member (including employee members and self-employed persons) enrolment (including transfer-in by participating employers or self-employed persons) |
20.05.2025 with all required document duly received |
Contribution## |
20.05.2025 duly receipt of both Remittance Statement and physical cheque if contribution made by physical cheque
16.05.2025 duly receipt of Remittance Statement if contribution made by direct debit/autopay [Note: This does not apply to Self-Employed Person.] |
Self-Employed Person making contribution via direct debit / autopay |
23.05.2025 for the Trustee to initiate monthly Self-Employed Person scheduled direct debit or autopay for the contribution period of May 2025.
Contribution and settlement for May 2025 and afterwards will be handled by the eMPF Platform after onboarding. |
Transfer-in## |
20.05.2025 duly receipt of transfer-in money with physical cheque |
Fund switching@ ## |
21.05.2025 paper-based instruction by post/facsimile
|
Change of investment choice* |
21.05.2025 paper-based instruction by post/facsimile
|
Change of details relating to members (including employee members and self-employed persons) and participating employers |
20.05.2025 with all required document duly received
|
^ Other than switching and change of investment mandate instructions, any instruction received by us after the relevant cut-off date as indicated above and before the Onboarding Date will be transferred to the eMPF Platform for processing on the Onboarding Date. Switching and change of investment mandate instructions received by us after the relevant cut-off date as indicated above and before the Onboarding Date will be rejected. Members will need to submit the switching and change of investment mandate instructions on the eMPF Platform again on or after the Onboarding Date. Please also refer to note ** and note @ for further information on fund switching instructions.
** Despite the cut-off date for any of the instructions set out in the table above (other than switching and change of investment mandate instructions submitted through our website) becoming a Severe Weather Trading Day (i.e. a day or part of a day on which Tropical Cyclone Warning Signal No.8 or above, or black rainstorm warning signal is hoisted or the Government of the Hong Kong Special Administrative Region of the People's Republic of China makes an announcement on a territory-wide "extreme conditions" and the Stock Exchange of Hong Kong is open for the business of dealing in securities), all such instructions from participating employers and Members received by the Trustee on such day will be suspended and not be processed by the Trustee and will be transferred to the eMPF Platform for processing on or after the Onboarding Date. Any switching and change of investment mandate instructions submitted through our website will continue to be processed on any such cut-off date.
# Redemption instructions must be submitted in paper form by post or in person.
## The last dealing day of transactions will be on 22 May 2025, where no further transactions will be processed thereafter by BOCI-Prudential Trustee Limited until the completion of the Scheme's onboarding to the eMPF Platform.
@ Even if the fund switching instruction is submitted on or before the cut-off time as set out in the above table, if any one of the following circumstances occurs:
(i) your MPF account is in the process of transfer-out assets to other registered scheme(s), annual de-risking between Default Investment Strategy funds, partial claim or withdrawal of MPF accrued benefits, transfer fund unit(s) from or to other account(s) with the Scheme;
(ii) multiple fund switching instructions are received within the same day; or
(iii) a previous fund switching instruction has not yet been completed,
then such fund switching instruction will not be able to be processed before the Onboarding Date and will be rejected. Accordingly, Scheme Participants will have to submit new instruction to the eMPF Platform on or after the Onboarding Date.
* Investment choice with effective date after Onboarding Date will lead to rejection of the instruction.