Labour Department:Briefing on the Abolition of MPF Offsetting Arrangement
The abolition of MPF offsetting arrangement took effect on 1 May 2025 to improve the retirement protection of employees. The Government on the same day launched 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 a 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 | : | 26 June 2025 |
Time | : |
3:30 pm to 5:00 pm
(Registration starts at 3:15 pm) |
Venue | : | Hall, North Point Community Hall, 123 Java Road, North Point (also online in real time via Zoom) |
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 18 June 2025 (Wednesday).
[See attachment "Enrolment Form_June_(e).pdf"]
The Labour Department will notify the applicant the result by email within 5 working days upon receipt of the enrolment form. Please check whether the email is mistakenly sent to junk mail folder if no notification is received.
For enquiries, please contact Miss YU at 2852 3921.
Employment Benefits Support Division
Labour Department