Nettet25. aug. 2024 · MPF scheme members are allowed to withdraw their MPF in a lump sum or by instalments when they reach the age of 65. Based on the MPF Schemes Ordinance, early withdrawal is allowed only under specific circumstances, including early retirement, permanent departure from Hong Kong, total incapacity, terminal illness, or death. Nettet23. jun. 2024 · Early withdrawal from the MPF is possible for members of the MPFA scheme before age 65. However, there are several circumstances where an MPF member can withdraw funds before 65. Among these is early retirement, leaving Hong Kong permanently, declaring taxes, and being incapacitated.
Early withdrawal of MPF by making a false declaration of …
NettetEarly withdrawal is allowed under specific circumstances, including early retirement at the age of 60 and permanent departure from Hong Kong. If you are eligible to withdraw your MPF benefits now, you can present a copy of your identity card and a completed Claim Form for Payment of Accrued Benefits to your scheme trustee. NettetEarly Withdrawal - MPFA chargeback requirements
You must declare that you have departed or are about to depart from H…
NettetFor the withdrawal of MPF benefits on the ground of early retirement, you must be at least 60 years old. In addition, you are required to make a statutory declaration that you … NettetDetails. Early retirement between ages 60 and 64. You can withdraw your accrued benefits in one go or in instalments on the grounds of early retirement if you've ceased employment and self-employment permanently. A small balance below HKD5,000. You may be able to make an early withdrawal if your accrued benefits do not exceed … NettetWith effect from 1 February 2016, when scheme members retire or early retire, they are allowed to withdraw accrued benefits by instalments in addition to withdrawing accrued MPF benefits in a lump sum or retaining benefit in the scheme in accordance with the Mandatory Provident Fund Schemes (Amendment) Ordinance 2015. chargeback request