Global Markets
Home›Global Markets›North America›1 million Hong Kong employees to get ‘full portability…
1 million Hong Kong employees to get ‘full portability’ of MPF funds in December
About 1 million employees in Hong Kong will be allowed to move their entire Mandatory Provident Fund (MPF) balance to a different provider once a year under the “full portability” arrangement, effective from December 21 for the first phase of implementation. The Mandatory Provident Fund Schemes Authority, which manages the city’s mandatory pension plans, said on Sunday that the “full portability” arrangement would be carried out in two phases to ensure a smooth and orderly implementation. In a...
← Newer storyIsrael widens West Bank crackdown, displacing Hebron families after a…Older story →Four ways Labour could raise money in the Budget without hiking incom…
More like this
Global MarketsTrump ‘not trying to meddle’ in Alaska election results by suing over Senate race: Blanche