Hong Kong vs Singapore | Retirement Protection (MPF vs CPF) 2026
Compare 2026 contribution rates, wage ceilings and employer checks for Hong Kong MPF and Singapore CPF.
Under Hong Kong’s Mandatory Provident Fund system, employers and employees generally each make mandatory contributions equal to 5% of the employee’s relevant income. For monthly-paid employees, the current relevant-income minimum is HK$7,100 and maximum is HK$30,000; above the maximum, each side contributes HK$1,500. The applicable position should still be checked against the employee’s status, income and rules. Singapore CPF Board tables for 2026 show that for Singapore citizens and qualifying permanent residents aged 55 or below with monthly wages above S$750, the employer rate is 17%, the employee rate is 20% and the total is 37%. The CPF Ordinary Wage ceiling is S$8,000 from 1 January 2026. For workers above 55 to 60, the total rate rises from 32.5% to 34%.
Hong Kong MPF
Under Hong Kong’s Mandatory Provident Fund system, employers and employees generally each make mandatory contributions equal to 5% of the employee’s relevant income. For monthly-paid employees, the current relevant-income minimum is HK$7,100 and maximum is HK$30,000; above the maximum, each side contributes HK$1,500. The applicable position should still be checked against the employee’s status, income and rules.
Singapore CPF
Singapore CPF Board tables for 2026 show that for Singapore citizens and qualifying permanent residents aged 55 or below with monthly wages above S$750, the employer rate is 17%, the employee rate is 20% and the total is 37%. The CPF Ordinary Wage ceiling is S$8,000 from 1 January 2026. For workers above 55 to 60, the total rate rises from 32.5% to 34%.
What to check carefully
MPF and CPF use different calculation bases, age bands, status conditions and wage ceilings, so the employer and employee percentages should not be compared in isolation. Singapore CPF rates vary by age, citizenship or permanent-resident status and wages; Hong Kong MPF also requires checking relevant income and contribution limits. Any Hong Kong MPF contribution-rate increase: pending confirmation.
Practical reminders for employers and jobseekers
When arranging roles in Hong Kong or Singapore, employers should state the jurisdiction, currency, monthly wage or salary, employee age and status, and which party bears each contribution. Jobseekers should confirm MPF or CPF contributions, wage ceilings, the definition of relevant income and the applicable date in the contract, using the relevant official source for final checks.
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This article was prepared from public official sources. Applicable year: 2026. Data checked: 6 October 2026. Last updated: 17 October 2026. It is general information only and is not legal, retirement or financial advice; law, contract, jurisdiction, age, citizenship and worker status may affect actual arrangements. Unverified items are labelled “Pending confirmation”. Employment Agency Licence No. 82734.