The Mandatory Provident Fund (MPF) compliance rate has grown steadily over the past few months, according to statistical data released by Hong Kong's Mandatory Provident Fund Schemes Authority (MPFA).
As at the end of May 2001, 86% of employers, 93% of employees, and 90% of self-employed persons have enrolled into MPF schemes. The aggregate net asset values of all schemes amounted to $22.396bn, ...
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