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Amendment of maximum level of relevant income for MPF contributions to $25,000 with effect from 1 June 2012

The Legislative Council has passed the amendment of the maximum level of relevant income for Mandatory Provident Fund (MPF) mandatory contributions. The maximum level of relevant income is amended to $25,000 monthly and the effective date is 1 June 2012. For casual employees who are members of Industry Schemes, the maximum level of relevant income is also amended to $830 daily.

HRPro can handle it automatically on or after HRPro 9.02.05, see Payroll Module Setup



For user running HRPro prior to 8.07.03, the setting are in (System Manager->Maintenance->HRPro Setup, Payroll Module Setup)



Users should amend the 20000 to 25000, 1000 to 1250 and 650 to 830 before generating June 2012 Payroll Batch. However upgrade to latest version of HRPro is recommended.

For user running HRPro prior to 9.02.05, the setting are in (System Manager->Maintenance->HRPro Setup, Payroll Module Setup)


Users should amend all the 20000 to 25000, 1000 to 1250 and 650 to 830 before generating June 2012 Payroll Batch.  However upgrade to latest version of HRPro is recommended.

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