The Labour Department (LD) will hold a webinar on the Subsidy Scheme for Abolition of Mandatory Provident Fund (MPF) Offsetting Arrangement on August 28, 2026 (Friday) at 3.30pm. Employers, employees and human resources practitioners are welcome to attend.
      
     The abolition of MPF offsetting arrangement took effect on May 1, 2025. To tie in with the abolition, the LD on the same day launched the 25-year Subsidy Scheme for Abolition of MPF Offsetting Arrangement (SSA) to share out the severance payment/long service payment expenses of employers after the abolition. The key features of the abolition of MPF offsetting arrangement, and the main points and application procedures of the SSA and the Subsidy for Shortfall in Aggregate Benefits will be introduced in the briefing.
      
     The webinar will be conducted in Cantonese via Zoom, and admission is free of charge. The quotas will be allocated on a first-come, first-served basis, and the enrolment deadline is August 18, 2026 (Tuesday). The enrolment form can be downloaded from the TransitionEase Portal (www.offsettingsubsidy.gov.hk/en/pdf/enrolment_form_aug26_e.pdf). For enquiries, please call 2852 3921.

Ends/Wednesday, July 29, 2026
Issued at HKT 11:30

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