MPF Contribution Calculator
Calculate employee and employer mandatory contributions of 5% each, then add existing balances, voluntary contributions and expected returns to project your MPF total at retirement.
Contribution details
• Monthly income below HK$7,100: employees are not required to contribute, but employers must still contribute.
• Monthly income of HK$30,000 or above: maximum mandatory contribution of HK$1,500 each from employee and employer.
• TVC is tax-deductible up to HK$60,000 per year.
Projected total MPF at retirement
Based on existing balance, mandatory contributions and voluntary contributions with compound growth
Years to retirement35 years · total contributionsHK$1,150,000 · investment growth HK$2,263,603
Total monthly contribution
Employee + employer + TVC
Employee contribution
Employer contribution
TVC annual tax saved (approx.)
Estimated at 15% tax rate
Total contributions
Projected investment growth
Monthly TVC contribution
Up to HK$5,000/month
• MPF long-term returns are affected by market fluctuations. Review your fund allocation and fees regularly.
Understanding MPF Contributions
The Mandatory Provident Fund (MPF) is Hong Kong's retirement protection scheme introduced in 2000. Except for exempt persons, all employees and self-employed persons aged 18 to 64 must join an MPF scheme. Employers and employees each contribute 5% of the relevant income per month. The current minimum relevant income level is HK$7,100 and the maximum is HK$30,000.
For Hong Kong employees, MPF is an important part of retirement savings. Although monthly contributions may seem small, they add up over time together with investment returns, potentially building a sizeable asset by retirement. In addition, MPF contributions are tax-deductible when calculating Salaries Tax: the employee's mandatory contributions can be deducted from assessable income, effectively reducing the tax burden.
HK FinBox 的強積金供款計算機，讓你輸入月薪或日薪，自動計算僱員及僱主每月應繳供款額，並顯示可扣稅金額。無論是全職、兼職或自僱人士，都可以利用這個工具快速了解自己的強積金責任。
Review your MPF account's investment portfolio and performance regularly to make sure the risk level matches your age and retirement goals. If you change employers, remember to consolidate your personal account and contribution account to avoid having too many scattered accounts. In addition, although voluntary contributions cannot be withdrawn at any time, they offer extra tax deductions and help accelerate retirement savings.
References
- 1Mandatory Contributions - Employees(Mandatory Provident Fund Schemes Authority)
- 2Mandatory Contributions - Self-Employed Persons(Mandatory Provident Fund Schemes Authority)
Rules and links last reviewed: 26 July 2026 · The sources above are for reference only; please refer to the latest official announcements from the relevant organisations.
FAQs
What is the MPF contribution rate?
Do part-time employees need to contribute to MPF?
Are MPF contributions tax-deductible?
How do self-employed persons contribute to MPF?
When can MPF be withdrawn?
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Client-side only: All data is calculated on your device and is not uploaded to any server. Results are for reference only and do not constitute professional financial or legal advice.