MPF for employees

When you change jobs, you can transfer accrued benefits accumulated from your previous employment to one personal account with HSBC MPF.

If you already have an HSBC MPF account, but you're moving to a new job with a different provider, you can choose to retain your accrued benefits in a personal account with us.

With over 40 years of experience helping people reach their retirement goals in Hong Kong, you can count on us to find you a comprehensive MPF solution.

It's easy to join HSBC from another service provider. We'll make your MPF transfer simple and efficient.

All you need to do is complete the forms below and submit them to us.

It's not unusual for members to have more than one MPF accounts, especially if you've had previous employers with different MPF service providers. The more MPF accounts you hold, the more difficult the management can be.

The key to MPF management is to keep things simple. You can consolidate multiple personal accounts and transfer all accrued benefits to a personal account under the scheme of your choice.

You can transfer your accrued benefits attributable to your own employee mandatory contributions made under your current employment (so for employee mandatory contributions only) to a personal account with HSBC MPF or any MPF scheme of your choice once every calendar year, that is 1 January to 31 December.  

Note:

Even if you’ve exercised your transfer right under ECA, the new MPF contributions, including both employer and employee mandatory and voluntary contributions for subsequent contribution periods will continue to be made to the MPF scheme of your current employer’s choice but not to the new scheme of your choice.