A preserved account serves to retain benefits you have accrued from your previous jobs. The account is held under your own name. Your Choice When you change employment, you may opt to: Retain the accrued benefits in a preserved account with your former trustee, or Transfer them to a preserved account with the MPF trustees of your new employer or another MPF trustees. To set up a preserved account with BCT or find out more about BCT's MPF schemes, click here. If you have multiple preserved accounts, you may wish to consolidate them for easier management. If you cannot recall how many preserved accounts you have, you may check with MPFA which keeps a comprehensive database of the relevant information. Withdrawal of Benefits According to Hong Kong's MPF legislation, accrued benefits are preserved until a scheme member reach the retirement age of 65. However, there are circumstances under which accrued benefits may be claimed before the attainment of the normal retirement age.