You may at any time choose to have ALL accrued benefits in your tax deductible voluntary contributions (TVC) account in another Registered Scheme(s) transferred to your TVC account under Hang Seng MPF. However, transfer of TVC accrued benefits in part or to a contribution account / personal account will not be accepted.
Few points to note about transfer of TVC:
|•||You may at any time choose to transfer the accrued benefits derived from TVC between Registered Schemes offering TVC.|
|•||The TVC transfer must be in a lump sum and the entire balance of accrued benefits must be transferred.
|•||The TVC account in the original scheme from which the accrued benefits are transferred (resulting in zero balance and no transaction activity in respect of that TVC account for 365 days) may be terminated upon such transfer.
For avoidance of doubt, transfer of accrued benefits derived from a TVC account to the TVC account in another Registered Scheme is not considered as new TVC, and hence will not be eligible for claiming further tax deduction.
|•||Transfer of TVC accrued benefits to another TVC account with Hang Seng MPF will also be subject to the same preservation and withdrawal restrictions applicable to mandatory contributions in the MPF regulations.
Additional voluntary contributions, Flexi-Contributions and tax deductible voluntary contributions are accepted at the discretion of the Trustee. The Trustee reserves the absolute right not to accept any additional voluntary contributions, Flexi-Contributions and tax deductible voluntary contributions at any time.
The information shown on this webpage is for illustrative purposes only. It is not intended to provide any form of tax advice. Hang Seng Bank does not provide tax advice. You are advised to exercise caution in relation to tax matters and this webpage. If you are in doubt about any of the contents of this webpage, you should obtain independent professional advice.
Investment involves risks. Past performance is not indicative of future performance. The value of financial instruments, in particular stocks and shares, and any income from such financial instruments, may go down as well as up. For further details including the product features and risks involved, please refer to the MPF Scheme Brochure.
The information contained in this page is for reference only and the provisions of the Mandatory Provident Fund Schemes Ordinance, other applicable legislation/regulations and guidelines or announcements published by the Mandatory Provident Fund Schemes Authority shall prevail.
|Hang Seng MPF Hotline||MPF Specialists at Designated Branches|
|Existing MPF Customers||Service hours:Mon - Fri,9 am to 5 pm|
|- Employers: 2288 6822|
|- Members / Self-employed persons: 2213 2213|
|- HKSARG Employees: 2269 2269|
|Non-existing MPF Customers|
|- Enquiries / Apply for Hang Seng MPF: 2997 2838|