Hong Kong MPF Offsetting Calculation Form

Streamline Hong Kong MPF Offsetting Calculations with Paperform

Managing Mandatory Provident Fund (MPF) offsetting for long service payments (LSP) and severance payments (SP) is a complex but critical compliance requirement for Hong Kong employers. This Hong Kong MPF Offsetting Calculation Form template helps HR professionals, payroll managers, and employment law practitioners accurately compute the offset amount, determine residual employer liability, and generate compliant disclosure statements—all within a single, professional form.

Why Use This MPF Offsetting Calculator?

Under Hong Kong's Employment Ordinance, employers can use their MPF contributions to offset statutory long service and severance payments. However, the calculation involves multiple factors including years of service, final monthly wages, accrued MPF benefits, and specific offsetting rules. This template automates those calculations, reducing manual errors and ensuring compliance with the Labour Department's requirements.

Whether you're processing employee terminations, redundancies, or retirement cases, this form guides you through the entire offsetting mechanism—from initial eligibility assessment to final payment computation and mandatory disclosure to the employee.

Built for Hong Kong HR and Legal Teams

This template is designed specifically for:

• HR managers handling employee terminations and calculating statutory entitlements
• Payroll professionals computing final settlement amounts with MPF offsets
• Employment lawyers and consultants advising clients on severance and LSP calculations
• Accounting firms providing payroll and compliance services to Hong Kong businesses
• SME business owners managing their own HR compliance obligations

The form collects employee service details, wage information, and MPF accrued benefits, then applies the correct calculation formulas based on the payment type (LSP or SP). Built-in logic ensures you follow the statutory caps, averaging periods, and offsetting limits prescribed by Hong Kong law.

How Paperform Enhances MPF Compliance Workflows

With Paperform's calculation engine, you can build complex formulas that mirror Hong Kong's statutory payment rules—without writing code. The form automatically computes gross entitlements, applies MPF offsets, and determines the residual amount payable by the employer, displaying results in real-time as data is entered.

Use conditional logic to show or hide sections based on payment type, employment circumstances, and eligibility criteria. Generate branded disclosure statements for employees that clearly break down the calculation, meeting your transparency obligations under Hong Kong employment law.

Automate your compliance workflow with Stepper: Connect this form to Stepper to automatically generate payment records in your accounting system, notify payroll teams, create audit trails, and trigger approval workflows for senior management sign-off—keeping your entire MPF offsetting process transparent and traceable.

Secure signatures with Papersign: Send the completed calculation and disclosure statement through Papersign for electronic acknowledgment by the departing employee, creating a legally compliant record of the payment breakdown and employee acceptance.

Trusted for Hong Kong Employment Compliance

Paperform is SOC 2 Type II compliant and provides the security and data protection controls that Hong Kong businesses require for handling sensitive employee and payroll information. With role-based permissions and secure data storage, you can confidently process MPF calculations while maintaining confidentiality and regulatory compliance.

Whether you're a boutique HR consultancy or a growing Hong Kong enterprise, this template gives you a professional, calculation-powered tool that simplifies one of the most technically demanding aspects of Hong Kong employment law.