The Mandatory Provident Fund Schemes Authority (MPFA) was set up in September 1998 under the Mandatory Provident Fund Schemes Ordinance (Cap. 485). Our mission is to regulate and supervise privately managed provident fund schemes; to educate the working population about saving for retirement and the role of the MPF System as one of the pillars supporting retirement living; and to lead improvements to provident fund schemes to make them more efficient and user-friendly, and better meet the needs of the working population.
The MPFA has been tasked by the Government to design, develop and operate a digital platform, eMPF Platform, to standardize, streamline and automate the existing MPF scheme administration processes. Through the adoption of new technologies and innovative solution, this user-centric platform will bring about revolutionary change to the MPF ecosystem, thus creating further room for scheme administration fee reduction to benefit all MPF scheme members.
On 5 March 2021, the eMPF Platform Company Limited was established as MPFA’s wholly owned subsidiary to take forward the eMPF Platform project for the benefit of various stakeholders, including about 300 000 employers and more than four million scheme members. For background and details of the eMPF Platform project, please go to our website https://www.mpfa.org.hk/en/empf/overview.