How do MPF contributions work?

Both you and your employer contribute 5% of your monthly relevant income to your MPF. Contributions are calculated only on income up to HK$30,000 a month, so the maximum mandatory contribution is HK$1,500 each, or HK$3,000 combined, per month.

What is the income floor and cap?

If you earn below HK$7,100 a month, you are not required to make the employee 5% contribution, though your employer still pays its 5%. Above HK$30,000 a month, contributions are capped — only the first HK$30,000 counts, so extra salary does not increase mandatory MPF.

How is the projected pot calculated?

The tool grows your current balance and your monthly contributions at your chosen annual return, compounded monthly, until age 65. It uses the standard future-value-of-an-annuity formula for the contributions and compound growth for the existing balance.

Can I contribute more than the mandatory amount?

Yes. Voluntary contributions and Tax Deductible Voluntary Contributions (TVC) let you add beyond the 5% mandatory amount, and there is no cap on voluntary top-ups. Enter a monthly voluntary figure to see how much faster your pot grows.

Is the projected return guaranteed?

No. MPF funds are invested in markets and returns vary year to year, including negative years. The figure is an illustration based on the steady return you enter, not a promise. Review your fund choice and fees, which also affect the outcome.

Hong Kong Pension & Retirement Calculator

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A Hong Kong pension and retirement calculator that projects your MPF (Mandatory Provident Fund) balance at age 65 using the real scheme rules: 5% employer + 5% employee on income up to HK$30,000, plus any voluntary top-ups, compounded at your chosen return.

How it works

Mandatory contributions are calculated on relevant income capped at HK$30,000/month, so the most that is mandatory is HK$1,500 from each side (HK$3,000 combined). Below the HK$7,100/month floor, the employee share is waived but the employer still pays 5%.

The pot is projected to age 65 by compounding monthly:

months    = (65 - age) * 12
r         = annual return / 12
FV(start) = current balance * (1 + r)^months
FV(contrib)= monthly * ((1 + r)^months - 1) / r
projected = FV(start) + FV(contrib)

The difference between the projected pot and total contributions is your investment growth.

Example and notes

Earning 35,000 HKD/month at age 35 with a 100,000 HKD balance and a 4% return: contributions are capped at HK$1,500 each (HK$3,000/month total, since income exceeds the HK$30,000 cap), compounded over 30 years to a projected pot at 65 — most of the gain beyond contributions coming from compounding.

Add voluntary contributions to grow the pot faster. Returns are illustrative, not guaranteed, and fund fees reduce the outcome. All figures are calculated locally in your browser.