The Mandatory Provident Fund (MPF) has been implemented since 1 December 2000. To assist customers with full compliance, Bank Consortium Trust Company Limited is offering through Dah Sing Bank Branch network, a MPF package designed to meet the needs of both employer and employees, combining full investment choice with convenience.

The key features of the MPF of which employers must be aware are:

	Employer and employee must each contribute 5% of the employee's monthly salary.
	Minimum relevant income for MPF contribution is HK$5,000 per month, maximum relevant income is HK$20,000 per month.
	Tax relief on contributions is available to both employer and employee.
	Except for specific exceptions, all MPF benefits are preserved until age 65.
	Full and immediate vesting of benefits.
	Portability of benefits.