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Abolition of MPF Offsetting Mechanism

Watch the video to learn all you need to know about the abolition of MPF offsetting in May of 2025, and submit a form & download the Abolition of MPF Offsetting Mechanism Report!
Understanding MPF Offset changes in 1 Hour
Listen to the tips shared by the Labour Department regarding the abolition of MPF offsetting
MPF offset changes coming in 2025 - are you prepared?
Download Abolition of MPF Offsetting Mechanism Report

【GUM Expert Lecture Series】Present to you by:

SARS Logo with English Name
Offsetting Policy Division - Labour Department

MPF Consultant
  • How to use ERMC to offset pre-transition SP/LSP Liabilities
    The abolition of MPF offsetting arrangement will take effect on 1 May 2025. Even after the transition, the post-transition Employer Mandatory Contribution (ERMC) can still be utilized to offset liabilities from pre-transition SP/LSP.
  • Using Employer Voluntary Contribution to offset expenses
    Employers can use the Employer Voluntary Contribution to offset expenses related to MPF both before and after the MPF offset abolition.
  • SP/LSP monthly wages limits
    After May 1, 2025, the maximum limit is the same as before, the monthly wage used to calculate SP/LSP is $22,500, and the largest possible amount of SP/LSP is $390,000.
Want to know more? Watch the video and download the Abolition of MPF Offsetting Mechanism Report! 
Download Abolition of MPF Offsetting Mechanism Report

Download Abolition of MPF Offsetting Mechanism Report

Download Abolition of MPF Offsetting Mechanism Report

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