Hong Kong MPF Mandatory Contribution 2027 Calculator

Hong Kong's Mandatory Provident Fund (MPF) requires both employer and employee to contribute 5% of the employee's monthly relevant income. The cap is HKD 30,000/month — so the maximum mandatory contribution per side is HKD 1,500/month (HKD 18,000/year). Below the minimum of HKD 7,100/month, the employee is exempt but the employer must still contribute 5%. New employees (under 60 days) are also exempt from the 60-day grace period.

Contribution Caps and Income Thresholds

Maximum relevant income for MPF calculation: HKD 30,000/month (since June 2014). At or above this level, both employee and employer pay HKD 1,500/month each = HKD 36,000/year combined. Minimum income for employee contribution: HKD 7,100/month. Below this, the employee is exempt but employer still pays 5%. Weekly-paid workers: cap HKD 6,923/week. Daily-paid: HKD 985/day. New employees: 60-day grace period before employee MPF starts (employer contribution starts immediately).

Tax Relief and 2025 LSP Reform

Mandatory employee MPF contributions are deductible against salaries tax up to HKD 18,000/year — equivalent to the max contribution. On top of that, Tax-deductible Voluntary Contributions (TVC) provide an additional HKD 60,000/year deduction. The major recent change is the May 2025 Long Service Payment (LSP) reform: employers can no longer offset LSP or Severance Payment against accrued employer-side MPF balances. This significantly changes the math when older workers change jobs — your employer MPF is now truly yours, not a buffer against future severance. The reform applies prospectively from May 1, 2025.

Last updated May 2026. Sources: MPFA, IRD Hong Kong.