Principal MPF – Smart Plan

How to manage your MPF when changing jobs?

You should proactively manage the MPF accumulated during your previous employment in one of the following ways:

Method 1
Transfer the MPF to your “contribution account” opened under your new employment
Method 2
Transfer the MPF to your existing “personal account”
 
  • If you do not have any personal accounts, and you are satisfied with the MPF scheme chosen by your former employer, you may consider retaining your MPF in a personal account under the scheme of your previous employment for investment.
  • Upon cessation of your employment, in the absence of your election on which method you would choose to transfer your MPF from such employment, your MPF from such employment are automatically transferred to a personal account under Principal MPF - Smart Plan upon the expiry of the three month’s period after we have been notified of the termination of your employment.
  • Forms for transfer of MPF can be downloaded via the link

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    Administration Forms

    Principal MPF – Smart Plan

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  • If you have any questions relating to transfer of MPF, please contact our customer service hotline at 2802-2812/2885-8011 or visit our website at principal.com.hk.