Employers urged to switch to eMPF

Mandatory Provident Fund Schemes Authority chair Ayesha Macpherson Lau encouraged employers to use the eMPF platform to make contributions, with operations starting on June 26.

As the MPFA disclosed previously, the first trustee to move to the new one-stop digital platform is YF Life Trustees, whose MPF scheme members can create their accounts on June 12 at the earliest. China Life Trustees followed by joining on July 29.

Employers are advised to switch to the e-payment methods available on the eMPF as soon as possible for convenience and efficiency, said Lau, while those who insist on cheques in the interim are expected to send the cheques to the eMPF Platform Company instead of a trustee's branch or service center.

Before an MPF scheme joins the eMPF, the related employers and workers do not need to register their accounts in advance. All the administration and contribution arrangements will remain unchanged.

Lau reminded stakeholders that local trustees will send out the communication packs about two or three months before the relevant schemes get on board.

Moreover, scheme members just need to register once no matter how many MPF schemes they are enrolled in.

MPFA said YF Life Trustees and China Life Trustees have sent their communication packs to the members. Among the first batch, Bank of Communications Trustee, Standard Chartered Trustee (Hong Kong), and Bank of East Asia (Trustees) are scheduled to get on board in September or October.