Gentle Reminder on the MPF Contribution Arrangement for the Contribution Period of January 2019 (Contribution Due Date: 11 Feb)
Employers are required by law to remit every month MPF contributions to the trustee for the previous contribution period (generally means wage period), together with the duly completed Remittance Statement and Notice of Termination of Employment (if applicable). These should reach the trustee on or before the Contribution Day each month.
Please kindly note that the MPF contribution day for the contribution period of January 2019 will fall on 11 February 2019 (Monday). Between the 1st and 11th of February, there are only 4 business days (i.e. 1st, 4th, 8th and 11th) and it is customary for many employers and employees to take longer leave during the Chinese New Year holidays. Please reserve sufficient document delivery and contribution processing time (at least 3 working days) to avoid any delay. A non-complying employer is liable to a contribution surcharge and penalty.
We provide various channels to facilitate employers making MPF contributions and submit contribution data. To ease employers’ administration burden, employers may consider setting up auto-pay arrangement with the banks by completing a Direct Debit Authorization Form or use BOC CBS Online to pay the MPF contributions, which provides a punctual and convenient payment experience.
Employers may also submit contribution data via electronic means. By preparing electronic contribution data files with our MPF contribution calculation software PayEasy & SmartCon, you will be free from the hassle of hand-writing and mailing the Remittance Statement.
Should you have any queries, please do not hesitate to call our Customer Services Representatives at:
Easy-Choice MPF Administration Hotline : 2929-3030
My Choice Customer Service Hotline : 2929-3366