Mrs Carrie Lam
Chief Executive
Hong Kong’s MPF System was introduced in December 2000, turning a new page in Hong Kong’s retirement protection system. The MPF System takes reference from the multi-pillar system recommended by the World Bank. It features employment-based contributions by both employers and employees, offering wide coverage and sustainability.
Over the past 20 years, the HKSAR Government and the MPFA have implemented various measures to refine and reform the MPF System to ensure that it keeps pace with the times. The MPF has become an integral part of people’s retirement savings.
I would like to express my appreciation to the former and current Chairmen for their leadership and to the colleagues at the MPFA for their hard work, in continuously transforming and improving the MPF System, enabling it to grow with Hong Kong. I look forward to working together with everyone to provide the best retirement protection for the public.