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Guidelines IV.4 MANDATORY PROVIDENT FUND SCHEMES AUTHORITY IV.4 Guidelines on Payment of Accrued Benefits Documents to be Submitted to Approved Trustees INTRODUCTION In accordance with section 15
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The 4 mandatory provident fund refers to a retirement savings scheme where both employees and employers make contributions towards an employee's retirement fund.
Employers are required to file the 4 mandatory provident fund for their employees.
Employers need to complete the necessary forms and submit them along with the required contributions to the relevant authorities.
The purpose of the 4 mandatory provident fund is to ensure that employees have a retirement fund to support them after they have ceased working.
Information such as employee details, contributions made by both employee and employer, as well as any changes in employment status must be reported on the 4 mandatory provident fund.
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