MPF Voluntary Contribution Explanation

In Employee Master, HR Info tab, User can select by Value ($) or by Percent (%) for Voluntary Contribution.

When the VC is by Value ($), the Voluntary Contribution is the exact amount

When the VC is by Percent (%), the Voluntary Contribution is based on the Voluntary Contribution based on option in Payroll Module Setup, MPF Tab

Existing HRPro will continue to contribute Voluntary Contribution even the employee reach age 65 unless you change the VC to zero amount.

See also