Employee Benefits
Employee Benefits Protection
Introduction
Provide life insurance and accident protection for your employees. The benefit is payable in the event of death or serious injury of an employee as a result of accident. With worldwide hospitialization offered, it alleviates your employees' anxieties and makes them concentrate on their work. For those insured employees receiving medical care in Hong Kong or foreign hospitals because of any illnesses or accidents, they don't need to worry about the expensive medical expenses incurred.
China Life Central Provident Fund
Introduction
China Life Central Provident Fund is a well-arranged pooled agreement for retirement schemes, managed by China Life.
China Life MPF Master Trust Scheme
Introduction
The Mandatory Provident Fund ("MPF") system was introduced in December 2000. Under the legislation, except for certain exempt persons, all employees or self-employed persons are required to join an MPF scheme managed by trustees approved by the Mandatory Provident Fund Schemes Authority("MPFA"). Employers and employees are required to make regular contributions into an employee's account. As a legal responsibility, employers must select an approved trustee and enroll their employees in an MPF scheme, while the rights to select constituent funds lie with the employees.



Recent update: 5/2/2012
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