In ecPayroll
system, user can input MPF plan details for each employee. Please see
below steps:
1.
Open the screen “Employee Record” of the employee to be
changed.
2.
Click on the menu item “MPF Plan” on the left hand side.
3.
Fill
in each data field accordingly. See below a brief description of each field.
Field |
Options |
Description |
Provident
fund type |
NA / MPF
/ ORSO |
N/A :
Select N/A if the employee has no any provident fund plan. MPF : If
employee join MPF plan ORSO : If
employee join ORSO plan |
MPF Provider |
The MPF
Provider(s) selected in Company Setup |
If there
are 2 MPF providers were set in Company setup, select the employee preferred
one here. If only 1
MPF provider were set in Company setup, that MPF provider were selected as
default here. This option
is one of the factor affecting which employee(s) will be exported in the
process of MPF data export. For more
information, click here |
Account
number |
|
The
account number of the MPF / ORSO account |
MPF
Scheme > Staff Type |
Regular
Employees / Casual
Employees |
This
option affect the calculation of MPF contribution. |
MPF
Scheme > Scheme Type |
Master Trust
Scheme / Industry
scheme |
Industry
scheme is specially established for employees of the catering and
construction industries, particularly casual employees. This
option affect the calculation of MPF contribution. |
Individual
Voluntary Contributions > Employee VC % |
|
This
value take effect ONLY if you have enabled voluntary contribution and
selected VC% in salary profile. This % value is used for calculating Employee
Voluntary Contribution amount. |
Individual
Voluntary Contributions > Employer VC % |
|
This value
take effect ONLY if you have enabled voluntary contribution and selected VC%
in salary profile. This % value is used for calculating Employer Voluntary
Contribution amount. |
Plan
details > Benefit Plan No. |
|
The benefit
number of the joined MPF/ORSO plan. This value may be shown in MPF report and
MPF data export file. |
Plan
details > Plan Join Date |
|
The join
date of MPF / ORSO plan. This value will be shown in MPF report and MPF data
export file. |
Plan
details > Plan Termination Date |
|
The
termination date of MPF / ORSO plan. This value will be shown in MPF report
and MPF data export file. |
Plan
details > Plan Termination Reason |
|
The
termination reason of MPF / ORSO plan. This value will be shown in MPF report
and MPF data export file. |
4.
Press the [Update]
button to save the changes.
5.
Finished.
MPF Voluntary Contribution Setup