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HK's MPFA acts on rising default contribution cases

Hong Kong's Mandatory Provident Fund Schemes Authority (MPFA) has acted to contain rising default contribution cases. The MPFA said it will issue a payment notice to an employer that has defaulted on its MPF contributions to recover the contributions and surcharges for the affected employees. If the employer fails to pay the default contributions, the MPFA will contact the employer to collect the relevant information, such as the income of the employees and demand that the employer rectify all outstanding contributions immediately. If the employer continues to default, the MPFA will file a civil claim in court to recover the contributions and surcharges in arrears on behalf of the employees. If the employer has been liquidated or declared bankrupt, the MPFA will ask proof of debt to the liquidator or the insolvency officer on behalf of the employees.

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