MPF Management System

The MPF management system is established in accordance with Hong Kong legislation

Cradle HR MPF management system

Mandatory Provident Fund Management System

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Under Hong Kong law, with the exception of some exempt persons, employers are required to enroll their employees in a Mandatory Provident Fund (“MPF”) scheme in which the employer and employee each contribute 5% of the employee’s income (capped at $1,500 as amended in June 2014) as mandatory contributions; although it is not difficult to calculate the amount of contributions, the employee’s first contribution date can be a problem for the HR Department as the employee is entitled to a contribution holiday.

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Automatic calculation of MPF contributions

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Calculate the employee's first MPF contribution date based on the employee's date of entry

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Calculate the monthly MPF contribution amount for employers and employees

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Employer and Employee MPF Contribution Statements

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Calculate employee's first MPF contribution amount

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The monthly MPF contribution amount is automatically deducted from the employee's income and shown in the payslip

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