Under the scheme, the choice of MPF provider is the province of the employer, with employees having no say. Employees are expected to join the scheme administered by the MPF provider of their new employers when they change jobs. The employer and the employee each contribute 5 per cent (a sum equal to 10%) of the salary of employee whose earnings are above a certain threshold to funds run by banks, insurers or fund houses. Total contributions are capped at HK$1,500 a month. Employees and self-employed are required to contribute 5% of their earnings to their MPF fund. When the scheme was launched, the upper relevant income limit for contributions was $20,000. The lower and upper thresholds for relevant earnings are subject to periodic adjustment.