bodyType

customContents

entityId

entityUuid

articlePageQuery

filter

article

articleBaseAdvertisingInfoArticle

articleListArticle

articleSeoArticle

helpersCheckIsPostiesArticle

hooksArticleAcknowledgementGateOverlayArticle

hooksTrackPageViewArticle

hooksContentInterestArticle

articleLinkingDataContent

articleSchemaContent

liveArticle

advertZone

sentiment

contentLock

topics

types

sections

moreOnThisArticles

urlAlias

commentCount

sponsorType

authorLocations

authors

paywallTypes

corrections

displaySlideShow

multimediaEmbed

printHeadline

seriesContainer

socialHeadline

headline

flag

firstTopic

glossary

flattenTypeIds

publishedDate

additionalInfoBoxes

images

image

relatedLinks

relatedNewsletters

__typename

createdDate

sponsor

factSheets

series

disableOffPlatformContent

published

updatedDate

summary

subHeadline

body

keywords

copyrighted

customTimezone

liveContents

Edith Lin

Hong Kong’s retirement fund watchdog has warned a logistics company’s subsidiary to pay HK$1.6 million (US$205,179) in pension contributions for 400 employees or face legal action.
The warning to Hi-Speed Human Resources on Saturday was issued as the Labour Department confirmed that it had received complaints from some workers at the firm about pay arrears.
A former staff member earlier told the media that the company, owned by Hi-Speed Supply Chain, had not paid employees’ salaries for two months.
“The authority has requested the company to pay the arrears immediately,” the Mandatory Provident Fund Schemes Authority said.
“Otherwise, the authority will pursue civil claims in court to recover the outstanding contributions and surcharges for the affected employees.”

Hi-Speed Supply Chain was founded in 2011 and its website says it has more than 2,000 employees with a storage capacity of more than 278,709 square metres (3 million sq ft).
The statutory body set up to supervise the city’s compulsory retirement scheme said Hi-Speed Human Resources had still to pay pension contributions and surcharges to cover May and June for 400 employees.
The authority added it had logged nine employee complaints since May.
Employers are also required by law to pay staff within seven days of the expiry of the wage period.
Those who fail to fulfil their obligations face a fine of up to HK$350,000 and three years in jail.
“We are actively following up on the incident and have reminded employers to comply with the Employment Ordinance and pay wages to their employees,” a Labour Department spokeswoman said.
She added staff who experienced payment delays should file complaints with the department and the government would offer help and inspect their workplaces.


Multilingual writers enrich the world’s literary canon

Hong Kong mothers locked out of job market over lack of childcare help, flexible work hours

Hong Kong to prioritise local labour, minister says, despite recent shortage forecast

Hong Kong to consider appealing against lenient penalties in industrial accident cases

Hong Kong workers and labour rights

Hong Kong firm warned over late payment of HK$1.6 million in pension contributions

Hi-Speed Human Resources has been told to pay pension contribution arrears. Photo: Handout

Hong Kong’s pensions watchdog has warned Hi-Speed Human Resources to stump up pension contributions for employees. Photo: Edmond So

Major Hong Kong restaurant chain sued over failure to pay HK$3.1 million in staff pension contributions on time

A Kam Kee Cafe, whose holding company is being taken to court over HK$3.1 million in unpaid employee pension contributions. Photo: Facebook

The MPF Schemes Authority warns employers it is their statutory duty to make staff pension contributions on time. Photo: Edmond So

Hong Kong treasury chief tells UK minister BN(O) passports invalid as proof of identity in bid to sort out pensions confusion

The UK introduced the British National (Overseas) citizen pathway scheme in 2020. Photo: Fung Chang

Treasury chief Christopher Hui meets UK minister Anne-Marie Trevelyan. Photo: Facebook/Financial Services and the Treasury Bureau

News

Hong Kong

Hong Kong economy

Society

Retirement fund watchdog tells Hi-Speed Supply Chain subsidiary to stump up payments or face legal action


Retirement fund watchdog tells Hi-Speed Supply Chain subsidiary to stump up HK$1.6 million in pension contributions or face legal action.


Mandatory Provident Fund (MPF)

Transport and logistics