Forum slams provident fund bill for protecting bosses

2016-06-20 08:00
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Both panellists and audience members at yesterday’s Macau Forum programme slammed the government for apparently being too protective of employers in its bill on the city’s long-planned non-mandatory central provident fund system.

The programme hosted by government-owned broadcaster TDM is held every Sunday in Areia Preta Park.

The bill proposes that the city’s employers and employees each pay at least five percent of the employees’ basic wages into a provident fund account in the name of the respective employee. It won’t be mandatory for employers and their employees to contribute to the fund but the government is encouraging their participation in it such as by offering tax incentives. 


Over a dozen audience members attend yesterday’s open-air Macau Forum debate programme in Areia Preta Park. Photo: Leong Lok Ian

Please read the full article in our print edition.

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