LD – Online Briefing on the Abolition of MPF Offsetting Arrangement
Online Briefing on the Abolition of MPF Offsetting Arrangement
The Government will abolish the MPF offsetting arrangement on 1 May 2025 to improve the retirement protection of employees. The Government will at the same time launch the 25-year Subsidy Scheme for Abolition of MPF Offsetting Arrangement (SSA) to share out the severance payment/long service payment expenses of employers after the abolition.
The Labour Department will hold an online briefing to enhance employers’ and employees’ understanding of the abolition of MPF offsetting arrangement and SSA. Employers, employees and human resources practitioners are welcome to attend. Details of the briefing are as follows:
| Date | : | Session A – 30 April 2025 (Wednesday)
Session B – 13 May 2025 (Tuesday) * Contents of both sessions are identical. Interested participants should only attend either one of the two sessions |
| Time | : | 3:30 pm to 5:00 pm
(Online registration starts at 3:10 pm) |
| Platform | : | Real-time video conference using Zoom
(Participants are required to arrange their own computers or mobile devices with internet access) |
| Content | : | Key features of the abolition of MPF offsetting arrangement, the calculation of severance payment/long service payment after the abolition, and the main points of SSA |
| Language | : | Cantonese |
| Admission | : | Free |
Please feel free to further distribute this message to your members. Due to limited quotas, enrolment is on a first-come, first-served basis. Interested participants are invited to complete the attached enrolment form and submit it by email to ebsd_briefing@labour.gov.hk on or before 15 April 2025 (Tuesday).
[See attachment “Enrolment Form_webinar_Eng.pdf”]
For enquiries, please contact Miss YU at 2852 3921.
Employment Benefits Support Division
Labour Department