If we do not receive the transfer form from you within 3 months after we have been notified of your termination of employment or your date of termination whichever is later, you are assumed to have elected to retain the accrued benefits in a personal account under the same scheme . We will transfer your existing benefits to your personal account.

If a new personal account will be set up, the investment choice of for future contribution or asset transfer in from another scheme will be invested into Default Investment Strategy for new personal account set up on or after 1 April 2017until you give further investment instructions to switch your investments to other fund(s)

According to your claim reason to select the relevant claim form for payment of accrued benefits and submit it together with the relevant declaration or documents to the administrator, i.e. HBSC Institutional Trust Services (Asia) Ltd., P.O. Box 73448, Kowloon Central Post Office, Hong Kong. The relevant forms can be obtained from the “Form/Literature” section on our website.

Trustee will not reject your request of claim.  If the account balance is less than the withdrawal amount specified by you, the entire account balance will be withdrawn. When all accrued benefits have been withdrawn, your account will be terminated accordingly. Trustee will notify you in written specifying the withdrawal date of all benefits and the date of account termination.

Note: For the scheme member who held the contribution account, the account will not be terminated even the account has no residual balance.  The contribution account will only be terminated when the trustee confirm the employment or self-employed has been terminated, and all accrued benefits of the contribution account have been withdrawn.