Hang Seng MPF helps you plan for the future and look after the present! By making Tax Deductible Voluntary Contributions (‘TVC’), you can enjoy tax deductions (up to an annual limit of HKD60,000)1 under salaries tax or tax under personal assessment. Open a TVC account with us and start making TVC or transfer TVC accrued benefits from other MPF schemes to Hang Seng MPF2 to enjoy up to HKD4,500 bonus unit rebates3.
Bonus Unit Rebate Offers4
Basic TVC Bonus
From 14 April 2024 to 31 March 2025 (‘Promotion Period’), you can enjoy up to HKD3,000 basic bonus unit rebates (‘Basic TVC bonus’) when you make TVC or transfer TVC accrued benefits from other MPF schemes to Hang Seng MPF2. The more you contribute or transfer to us, the more bonus unit rebates you will enjoy.
Extra TVC Bonus (Either one)
You can enjoy extra 50% of the bonus unit rebates (‘Extra TVC bonus’) if you (i) download and login to the Hang Seng Olive Wellness App or (ii) are an employee of MPFA Good MPF Employers, equivalent of up to HKD4,500 bonus unit rebates3.
Download the Hang Seng Olive Wellness App
When you open a Hang Seng MPF TVC account during the promotion period, you must download and login to the Hang Seng Olive health app* ‘Hang Seng Olive Wellness App’. It has to be verified by Hang Seng MPF Specialists at the designated branches upon completion.
* This App is a platform hosted by Hang Seng Bank Limited, please visit Hang Seng Bank's website > Personal > Insurance & MPF > Hang Seng Olive for more details.
Employee of MPFA Good Employers
You are an employee of one of the 2017-18, 2018-19, 2019-20, 2020-21, 2021-22, 2022-23 or 2023-24 MPFA Good MPF Employer on the day of opening your Hang Seng MPF TVC account. The Good MPF Employer Award is organized annually by MPFA. You can check the lists of awardees of Good MPF Employer Award on the MPFA’s website.
| Tier | Cumulative TVC contributions made and/ or transferred to Hang Seng MPF (HKD) | Basic TVC bonus | Extra TVC bonus | |||
|---|---|---|---|---|---|---|
| Basic bonus unit rebate (HKD) | Cumulative basic bonus unit rebate (HKD) | Extra bonus unit rebate (HKD) | Cumulative extra bonus unit rebate (HKD) | Cumulative basic and extra bonus unit rebate (HKD) | ||
| 1 | 3,000 | 100 | 100 | 50 | 50 | 150 |
| 2 | 30,000 | 200 | 300 | 100 | 150 | 450 |
| 3 | 60,000 | 300 | 600 | 150 | 300 | 900 |
| 4 | 120,000 | 800 | 1,400 | 400 | 700 | 2,100 |
| 5 | 180,000 | 1,600 | 3,000 | 800 | 1,500 | 4,500 |
The Bonus Unit Rebate Offers are subject to the terms and conditions, please refer to the leaflet for more details.
Contribute TVC with Hang Seng MPF Now!
Opening a TVC account with us is easy and your TVC account can be up and running in as fast as two working days5!