Hong Kong’s workers and employers may have to pay more into the Mandatory Provident Fund, as the pension regulator considers calls to raise the contribution threshold, which has remained unchanged for 13 years.
Ayesha Macpherson Lau, chairwoman of the Mandatory Provident Fund Authority (MPFA), said in her blog on Sunday that the body had consulted various stakeholder groups since February on adjusting the minimum and maximum income levels used to determine contributions.
She hinted at a possible increase in the thresholds, noting that the prolonged lack of adjustments had left pension fund contributions out of touch with the cost of living.
“There is a call to raise the minimum income level to alleviate financial burden on low-income employees, while also considering suitable increased adjustments to the mandatory contributions of employees whose wages exceed the current maximum income level, to ensure MPF’s basic retirement protection function is not eroded,” Macpherson Lau said, citing opinions gathered so far from labour groups, business chambers, employers’ representatives and professional service bodies.
She added that the feedback also included suggestions on how much the contributions should be raised.
Macpherson Lau said the authority would consolidate all views into a review report to be submitted by the middle of this year.
The last two review cycles, covering 2014-18 and 2018-2022, were kept at 2013-2014 levels because of social and pandemic-related factors.

“The MPFA is reviewing the minimum and maximum relevant income levels for the 2022-2026 cycle, aiming to align MPF contributions with changes in socioeconomic development, labour market, consumer prices and actual income, and offer appropriate basic retirement protection for workers,” she added.
In general, both employees and employers in Hong Kong are each required to contribute an amount equivalent to 5 per cent of the former’s monthly salary to the MPF.
The contributions are managed by approved trustees and are returned to employees upon retirement.
The current minimum and maximum relevant income levels for contributions – HK$7,100 (US$907) and HK$30,000 respectively – have been in place since 2013-2014.
Employees earning below the minimum threshold are exempt from making personal contributions, while those earning above the maximum have their mandatory payments capped at HK$1,500, equal to 5 per cent of HK$30,000.
Lau also urged MPF scheme members to make tax-deductible voluntary contributions to enhance their retirement protection while achieving tax efficiency.
Last year, 25 per cent of MPF contributions were voluntary – nearly double the level from a decade ago, she noted.
As of December 31, 2025, more than 2.6 million employees were registered under MPF schemes, with the net aggregate asset value across all schemes exceeding HK$1.55 trillion.

恒生指数

<p>香港正在考虑提高强制性公积金（MPF）缴款门槛，该门槛已有 13 年未变。强制性公积金计划管理局（MPFA）主席 Ayesha Macpherson Lau 表示，利益相关者的咨询强调了调整的必要性，以使缴款与生活成本相符。此次审查旨在减轻低收入员工的经济负担，同时确保足够的退休保障。目前的缴款水平为港币 7,100 元和港币 30,000 元，员工和雇主均按薪资的 5% 缴纳。MPFA 计划在年中提交一份审查报告，反映各方的反馈意见</p>

Hong Kong considers raising MPF contributions after 13-year freeze on thresholds

- 香港强积金缴纳标准可能上调，已有 13 年未调整。  
- 强积金管理局考虑建议，提高最低收入及最高缴纳限额。  
- 截至 2025 年 12 月，注册强积金员工超过 260 万，资产超 1.55 万亿港元。

香港在 13 年冻结供款门槛后考虑提高强积金供款