Due to low birth rates and comprehensive medical care services, Hong Kong life expectancies is increased, thus Hong Kong is facing the challenge of a rapidly ageing population. As the population collectively grows older, the working population will have a much larger number of retirees to support. The application of MPF is helping all working levels to prepare for their retirement. With the reasonable growth, 5% of monthly income and the employer’s contribution would generate a principal to support the retirement.    

Monthly relevant income Employer's contributions Employee's contributions
Less than HK$7,100 Relevant income x 5% Not Required
HK$7,100 - HK$30,000 Relevant income x 5% Relevant income x 5%
More than HK$30,000 HK$1,500 HK$1,500