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Question: "I am a PC and was employed under the 'New Probationary Terms' on January 1, 2003. The Government now makes a monthly contribution amounting to five per cent of my basic salary (with an upper limit of HK$1,000) to my MPF Scheme. I will be confirmed to permanent terms on January 1, 2006. What will be the impact on my retirement savings? How much will the Government contribute?"
Answer: All officers (including police officers) who joined the Civil Service on or after June 1, 2000 are not on pensionable service. Such officers will join the Civil Service Provident Fund Scheme after passing their probationary period and obtaining permanent employment.
The Government will make contributions in accordance with the following rates:
| Length of Service(in years) |
Govt Contribution Rate (including mandatory and voluntary contributions) (% of basic salary) |
| Less than 3 |
5% |
| Above 3 but less than 15 |
15% |
| 15 or above but less than 20 |
17% |
| 20 or above but less than 25 |
20% |
| 25 or above but less than 30 |
22% |
| 30 or above |
25% |
Furthermore, disciplined service officers (including police officers) are entitled to the "Special Disciplined Services Contribution" for which the Government would make an additional monthly contribution equivalent to 2.5 per cent of their basic salary to the scheme, on retirement at the officers' normal retirement age.
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