Question C2 Kevin is a Hong Kong resident who has recently been recruited by WIN (Hong Kong) Company Ltd ("WIN(HK)"). WI
Posted: Sat May 07, 2022 7:46 pm
Question C2 Kevin is a Hong Kong resident who has recently been recruited by WIN (Hong Kong) Company Ltd ("WIN(HK)"). WIN(HK) is a small-size company engaging in computing business in Hong Kong, Kevin has been employed as a Hong Kong employee but work in Taiwan for 1 year. Assume that you are a representative of the Mandatory Provident Fund Scheme Authority. The human resources manager of WIN(HK) has the following inquiries and asks you for advices. a) Does WIN(HK) need to enroll Kevin in an MPF scheme? Explain. (3 marks) b) What are the differences between "Employer Sponsored Scheme" and "Master Trust Scheme"? Which scheme is more suitable to WIN(HK)? (10 marks) c) What are the duties of WIN(HK) in terms of MPF enrolment issue? (3 marks) d) Give an explanatory account of the actions to be taken by Mandatory Provident Fund Scheme Authority in case WIN(HK) defaults on making MFP contribution (4 marks) (Total 20 marks)