MPF – Scheme update effective on 1st May, 2025
2025 年 5 月 1 日起生效的強積金計劃新政策
All Employers beware! As you might have already awared, there is an important revision to the existing MPF scheme slated to be effective on 1st May, 2025. Now the clock is ticking, so what is it?
In a nutshell, starting from 1st May, 2025, calculation of Severance Payment (SP) or Long Service Payment (LSP) would be divided into two portions when terminating an employee.
For employment period since commencement to 30th April, 2025, all the accumulated benefits derived by Employer’s portion of mandatory contribution (including all contributions before and after 30th April, 2025) would be utilized to offset SP or LSP up to 30th April, 2025. The reference salary used for calculating SP or LSP would be the employee’s salary as at 30th April, 2025, or the average 12-month salary ending on that date.
For employment period from 1st May, 2025 till termination, such offset shall no longer be allowed and employer needs to pay SP or LSP out from its pocket. Government subsidy is available at amounts depending on different time stages.
It is too boring to explain and go through all laws and regulations. The easiest way to learn the scheme is to go through the MPF calculator provided by Labour Department – use some dummy examples under different scenerio so as to learn by examples.
Catering to the new scheme, all employers MUST make a snapshot of all employees’ salaries as at 30th April, 2025. This is useful to calculate the SP or LSP on the portion before the new scheme becomes effective.
When an employee has been terminated and be eligible to SP/LSP entitlements, information on his/her accumulated benefits derived from all Employer’s portion of mandatory contribution shall be obtained from MPF service provider, in order to calculate the amount that could be used to offset (if fully covered) or to provide supplement (if not fully covered) on such SP/LSP entitlements as derived on or before 30th April, 2025.
Be sure to contact us for consultation in case you are in doubt of the new MPF scheme!
所有僱主注意！您或已經聽說現有強積金將在 2025 年 5 月 1 日起有重大變更。現時新政策已近在眉睫，這到底是甚麼一回事？
簡單而言，自 2025 年 5 月 1 日起，如解僱員工時需計算遣散費或長期服務金，須需要分開兩部份計算。
員工僱用期間由聘用日至 2025 年 4 月 30 日，由強積金供款的僱主強制部份產生的全部累積權益（不論為於 2025 年 4 月30 日前或後所作出的僱主強制性供款）均可用以對沖遣散費或長期服務金。用以計算遣散費或長期服務金所需的基準薪金，乃員工於 2025 年 4 月 30 日當日的薪金，或於截至該日其平均 12 個月的薪金。
員工僱用期間由 2025 年 5 月 1 日至解聘日，將不再有任何對沖，僱主需自掏腰包支付遣散費或長期服務金。於不同解聘時段，有不同金額的政府補助。
進一步解釋具體法律條款及規定實在過於沒趣，最有效的學習方法應為善用勞工處的強積金計算機 — 因應不同情景，使用假設數字進行計算，從中學習。
因應強積金新政策，所有僱主必須詳列公司所有員工於 2025 年 4 月 30 日當日的薪金。此資料有助計算新政策生效前相關的遣散費或長期服務金。
於公司有員工終止僱傭合同，而該員工有權取得遣散費或長期服務金時，僱主須從其強積金服務商取得該員工從僱主強制性供款部份產生的累積權益金額，並用作計算及比對該員工於 2025 年 4 月 30 日前應得之遣散費或長期服務金，以進行沖銷（如能全數對沖）或補回（如未能全數對沖）。
如對強積金新政策有任何疑問，敬請聯絡我們以作咨詢！
