SAP Knowledge Base Article - Preview

3583167 - HK Legal changes of Abolition of MPF Offsetting Arrangement in 2025

Symptom

The Hong Kong Special Administrative Region Government has announced that the abolition of the Mandatory Provident Fund (MPF) offsetting arrangement will come into effect on May 1, 2025. This KBA introduces this legal change regarding the abolition of the MPF offsetting arrangement in 2025.


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Environment

  • Human Capital Management (HCM)
  • SAP ERP
  • SAP enhancement package for SAP ERP
  • SAP enhancement package for SAP ERP, version for SAP HANA
  • SAP SuccessFactors Employee Central Payroll
  • SAP S/4 HANA

Product

SAP ERP all versions ; SAP S/4HANA all versions ; SAP SuccessFactors Employee Central Payroll all versions ; SAP enhancement package for SAP ERP all versions ; SAP enhancement package for SAP ERP, version for SAP HANA all versions

Keywords

LSP, SP, HR Renewal, HKSPL, HKTAV, WPEOY, HKO7, HKS1, HKTP, V_T596A, V_T7HK4B, H27PLOG0, SAPL3HKE, Offset, IT0016, INELA,HCMT_BSP_PA_HK_R0343_VIEW   , KBA , PY-HK , Hong Kong , How To

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