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Maximum Income Level for MPF Contributions Increases

The Legislative Council has passed the amendment of the maximum level of relevant income for MPF mandatory contributions. With effect from 1 June, the maximum monthly income has been raised to $30,000, and the maximum contributions have been adjusted to $1,500 per month accordingly.

Monthly Income 

Mandatory contributions 

By employer 

By employee 

 <$7,100 

 5% 

 Nil 

 $7,100–$30,000 

 5% 

 5% 

 >$30,000 

 $1,500 

 $1,500 

For enquiries, please contact the Payroll and Superannuation Unit of Bursary at 3943 7246.