Posted by
chiew
9 yrs ago
Hi there,
I am moving to HK and my employer has asked me to fill a form declaring whether I am a member of an overseas pension scheme - to exempt them from contributing to MPF on my behalf if I am.
In Singapore, some companies (e.g. Big 4) commonly provide a cash benefit of the equivalent of the companies' share of MPF/CPF contribution, for employees who are not entitled to Singapore CPF scheme membership (e.g. non-Singaporean/PR employees).
Is this common in Hong Kong?
Many thanks!
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No. You are only exempt if your working visa is valid for less than 13 months or you contribute to an oversea pension scheme.
It is rather likely that you are entitled than that you are exempted. Besides, it seems to me that you employer just wants to save money. If you are exempt, they do not need to contribute the employer portion. I might be wrong...
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