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Reports and Audited Financial Statements BOCPRUDENTIAL EASYCHOICE MANDATORY PROVIDENT FUND SCHEME 31 March 2022BOCPRUDENTIAL EASYCHOICE MANDATORY PROVIDENT FUND SCHEME CONTENTSPagesSCHEME REPORT1
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How to fill out my choice mandatory provident

01
Obtain the mandatory provident fund (MPF) form from your employer or the MPF trustee.
02
Fill in your personal details accurately, including your full name, Hong Kong identity card number, contact information, and employment details.
03
Choose your investment portfolio by considering factors such as risk tolerance, investment strategy, and long-term financial goals.
04
Indicate the contribution amount or percentage of your monthly income that you wish to allocate to the MPF scheme.
05
Sign and date the form, confirming the accuracy of the provided information.
06
Submit the completed form to your employer or the MPF trustee for processing.
07
Keep a copy of the filled-out form for your records.

Who needs my choice mandatory provident?

01
Any employee working in the private sector in Hong Kong is required to join the Mandatory Provident Fund (MPF) scheme.
02
Self-employed individuals can also join the MPF scheme voluntarily to ensure retirement savings.
03
Foreign domestic helpers, casual employees, and employees aged 65 or above are exempted from joining the MPF scheme.
04
However, they may still choose to join the MPF scheme for retirement planning purposes.
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My Choice Mandatory Provident Fund (MPF) is a retirement savings plan in Hong Kong that allows employees to choose or change their MPF service providers and investment funds according to their preference.
Employees who are enrolled in the Mandatory Provident Fund scheme and wish to exercise their option to choose their own MPF provider or funds must file My Choice Mandatory Provident.
To fill out My Choice Mandatory Provident, you need to complete the designated form provided by your selected MPF service provider, providing personal details, MPF account information, and your choice of investment funds.
The purpose of My Choice Mandatory Provident is to empower employees to have more control over their retirement savings by allowing them to select their preferred MPF scheme and funds.
The information that must be reported includes your personal details, MPF account number, chosen service provider, selected funds, and any other relevant information as specified by the MPF scheme.
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