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.

恆生指數

<p>香港正在考慮提高強制性公積金（MPF）繳款門檻，該門檻已有 13 年未變。強制性公積金計劃管理局（MPFA）主席 Ayesha Macpherson Lau 表示，利益相關者的諮詢強調了調整的必要性，以使繳款與生活成本相符。此次審查旨在減輕低收入員工的經濟負擔，同時確保足夠的退休保障。目前的繳款水平為港幣 7,100 元和港幣 30,000 元，員工和僱主均按薪資的 5% 繳納。MPFA 計劃在年中提交一份審查報告，反映各方的反饋意見</p>

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

- 香港強積金繳納標準可能上調，已有 13 年未調整。  
- 強積金管理局考慮建議，提高最低收入及最高繳納限額。  
- 截至 2025 年 12 月，註冊強積金員工超過 260 萬，資產超 1.55 萬億港元。

香港在 13 年凍結供款門檻後考慮提高強積金供款