Hong Kong MPF Calculator: Mandatory Provident Fund Contribution
Work out the Hong Kong MPF (Mandatory Provident Fund) contribution — the 5% of relevant income that both employee and employer must pay into a retirement scheme — and your income after the employee share.
Adjust the inputs and select Calculate for a full breakdown.
Compare Common Scenarios
How the numbers shift across typical situations for this calculator:
| Scenario | Employee MPF contribution | Income after MPF |
|---|---|---|
| 5% of $30,000 ($1,500) | 1,500 | 28,500 |
| 5% of $20,000 | 1,000 | 19,000 |
| 5% of $50,000 | 2,500 | 47,500 |
| 5% of $10,000 | 500 | 9,500 |
How This Calculator Works
Enter the MPF rate (5%) and your relevant monthly income. The calculator returns the employee's mandatory contribution and your income after it. Under the MPF system, the employee contributes 5% and the employer contributes a matching 5%, both into the employee's MPF account — subject to minimum and maximum relevant-income levels that this calculator doesn't apply.
The Formula
Percentage of an Amount
Amount is the base value, Percentage is the rate applied to it
Worked Example
At 5% on $30,000 of relevant monthly income, the employee MPF contribution is $1,500, leaving $28,500 — with the employer adding another $1,500 on top. The MPF is Hong Kong's compulsory, privately-managed retirement-savings system: most employees and their employers each contribute 5% of the employee's relevant income into an MPF scheme. Contributions are subject to a minimum relevant-income level (below which the employee pays nothing, though the employer still does) and a maximum level that caps the mandatory amount.
Key Insight
The MPF is the backbone of Hong Kong's retirement system, and a few rules define the real contribution. Both sides pay 5%: the employee contributes 5% of relevant income and the employer matches with another 5%, so 10% in total goes into the employee's MPF account each period. Two thresholds this calculator omits matter at the edges: there's a minimum relevant-income level below which the employee makes no mandatory contribution (but the employer must still pay its 5%), and a maximum relevant-income level that caps the mandatory contribution — income above the cap doesn't attract further mandatory MPF, so high earners pay a fixed maximum rather than 5% of everything. 'Relevant income' includes wages, salary, leave pay, fees, commissions, bonuses and allowances. The self-employed must also contribute 5% (between the same income limits). Contributions are invested in funds you choose within your scheme, the accrued benefits are generally preserved until age 65 (with limited early-withdrawal grounds such as permanent departure from Hong Kong, total incapacity, or terminal illness), and you can consolidate accounts and move your own portion between schemes under the Employee Choice Arrangement. Tax angle: mandatory employee contributions are deductible for salaries tax up to an annual cap, and tax-deductible voluntary contributions (TVC) offer additional deductible retirement saving. Fees matter a lot over decades — MPF fund fees have been a long-standing criticism, so low-fee funds are favoured. This calculator shows the 5% employee mandatory contribution on the income you enter and the income left after it; for an exact figure apply the minimum and maximum relevant-income levels, and remember the employer's matching 5% goes in on top.
Frequently Asked Questions
How is the MPF contribution calculated?
The employee contributes 5% of relevant income. On $30,000 monthly income, that's $1,500, leaving $28,500. The employer adds a matching 5% ($1,500) on top, so $3,000 total goes into the MPF account — subject to minimum and maximum relevant-income levels.
What is the MPF?
The Mandatory Provident Fund — Hong Kong's compulsory, privately-managed retirement-savings system. Most employees and their employers each contribute 5% of relevant income into an MPF scheme, invested in funds you choose. Benefits are generally preserved until age 65.
Is there a cap on MPF contributions?
Yes. There's a maximum relevant-income level that caps the mandatory contribution, so income above it doesn't attract more mandatory MPF — high earners pay a fixed maximum. There's also a minimum level below which the employee pays nothing (though the employer still contributes its 5%).
Do the self-employed pay MPF?
Yes — self-employed persons must contribute 5% of their relevant income, between the same minimum and maximum income levels that apply to employees. There's no employer match for the self-employed, so they contribute the single 5% mandatory amount themselves.
Are MPF contributions tax-deductible?
Mandatory employee contributions are deductible for salaries tax up to an annual cap. Tax-deductible voluntary contributions (TVC) allow additional deductible retirement saving within a combined cap. The employer's contributions go into your account separately and aren't part of your taxable income.
Related Calculators
Methodology & Review
The employee mandatory contribution is 5% of relevant monthly income; the remainder is income after that contribution. It models the 5% employee share and does not apply the minimum and maximum relevant-income levels (below which no contribution is due and above which it's capped), nor the matching 5% employer contribution.
Written by Ugo Candido · Last updated May 22, 2026.