Yes. Currently BCT provides 3 voluntary contribution plans: "Standard Voluntary Contribution", "Special Voluntary Contribution" (SVC) and "Tax Deductible Voluntary Contribution" (TVC) for our members. For details, please contact our MPF Experts at 2298 9888 (Office hours: Monday to Friday from 9:00am to 6:00pm, except public holidays).
| Standard Voluntary Contributions | Special Voluntary Contributions (SVC) | Tax Deductible Voluntary Contributions (TVC) | |
|---|---|---|---|
| Scheme Selection |
Chosen by employer |
Chosen by member |
|
| Payment Method |
Via employer payroll |
Directly contributed by member to MPF scheme |
|
| Payment Flexibility |
According to the regular payroll schedule |
Can make regular or one off payment |
|
| Tax Deductible |
N/A |
Counted as a deductible item (up to the annual limit as stipulated by the Government) | |
| Withdrawal Conditions | Upon termination of employment | According to own needs | Same condition as MPF Mandatory Contributions |
| Transfer of MPF Benefits | Upon termination of employment | Cannot be transferred | May at any time choose to transfer in lump sum to another MPF Scheme that offer TVC |