koeng5 zik1 gam1強積金强积金
Jyutpingkoeng5 zik1 gam1
Yalekéuhng jīk gām
Definition
Mandatory Provident Fund (MPF); a compulsory pension scheme in Hong Kong for employers and employees.
colloquialmoneywork
How it's used
People almost always refer to this as MPF in English even when speaking Cantonese. It is a mandatory retirement savings system where both the employer and employee must contribute a percentage of the salary. The funds are generally locked away until retirement age, making it a frequent topic of complaint regarding salary deductions.
Examples
How much do you contribute to your MPF every month?
After the MPF deduction, my salary is less again.
Related words
Common mistake
Do not confuse this with a standard savings account or a pension fund that you can access at any time. The money is strictly tied to retirement or specific hardship conditions, so referring to it as just money in the bank is inaccurate.
Grammar color guide
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Grammar guides
- TonesCantonese has six tones, and the tones can change in certain grammatical contexts. Learn the six tones and the rules for tone change.
- Time and datesClock time, days of the week, months, and years. The patterns you need to make plans and talk about when things happen.
- Modal verbsHow to say can, will, may, should, must, and want. The core modal verbs of Cantonese and the differences that trip up beginners.
