2017年2月28日
資訊洞見
On 17 July 2013, resolutions were passed by the Legislative Council to increase both the minimum relevant income (“Min RI”) and the maximum relevant income (“Max RI”) levels for the purpose of making mandatory contributions under the Mandatory Provident Fund Schemes Ordinance. The changes are summarised below.
Min RI
With effect from 1 November 2013:-
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i. |
the monthly Min RI will be increased from HK$6,500 per month to HK$7,100 per month (applicable to employees remunerated on monthly basis or less frequently than monthly basis as prorated or self-employed persons); |
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ii. |
the daily Min RI will be increased from HK$250 per day to HK$280 per day (applicable to employees remunerated more frequently than monthly basis or casual employees of an industry scheme); and |
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iii. |
the annual Min RI will be increased from HK$78,000 per year to HK$85,200 per year (applicable to self-employed persons). |
As a result of the aforesaid changes, starting from 1 November 2013, whilst the duty on the part of the employer remains unchanged, only those employees who earn an income of more than the above Min RIs (as the case may be) will be required to make mandatory employee's contributions.
Max RI
With effect from 1 June 2014:-
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i. |
the monthly Max RI will be increased from HK$25,000 per month to HK$30,000 per month (applicable to employees remunerated on monthly basis or less frequently than monthly basis as prorated or self-employed persons); |
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ii. |
the daily Max RI will be increased from HK$830 per day to HK$1,000 per day (applicable to employees remunerated more frequently than monthly basis or casual employees of an industry scheme); and |
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iii. |
the annual Max RI will be increased from HK$300,000 per year to HK$360,000 per year (applicable to self-employed persons). |
The effect of these changes is that starting from 1 June 2014, the maximum level of contribution required from both employers and employees whose relevant income is more than the current income cap (i.e. more than HK$25,000 per month, HK$830 per day or HK$300,000 per year as the case may be) will be increased. For example, for an employee whose monthly income is HK$28,000, the level of contribution required from both the employer and the employee will be increased from HK$1,250 (i.e. HK$28,000 capped at HK$25,000 x 5%) to HK$1,400 (i.e. HK$28,000 x 5%).