MPF contribution calculator

The Mandatory Provident Fund (MPF) is Hong Kong's compulsory retirement savings. Every month you and your employer each put a share of your pay into your MPF account.

Enter your monthly relevant income to see both contributions and what's left after yours.

How it's calculated

Each side contributes 5% of your relevant income.
If you earn less than HK$7,100 a month, you don't contribute, but your employer still does.
Above HK$30,000 a month, both contributions are worked out on HK$30,000.

An example

On $25,000 a month you pay $1,250 and your employer pays $1,250, so $2,500 goes into your account.

Frequently asked questions

What is the maximum MPF contribution?

5% of HK$30,000 for you and the same for your employer, each month. Anything you earn above that level has no mandatory contribution.

Do I contribute if I earn less than the minimum?

No. Below HK$7,100 a month you're exempt, but your employer must still pay 5% of your relevant income.

What counts as relevant income?

All money paid by your employer for your work: wages, salary, leave pay, fees, commission, bonus, gratuity, perquisites and allowances. Severance and long service payments are left out, and so are non-monetary benefits.

Are MPF contributions tax deductible?

Yes. Your mandatory contributions are deductible for salaries tax, up to HK$18,000 a year.

Key terms

MPF: Mandatory Provident Fund, the compulsory retirement scheme for employees and self-employed people.
Relevant income: The pay MPF contributions are worked out on.