The initial version of the government-proposed non-mandatory central provident fund system cannot protect workers, especially those working in the construction industry, lawmaker-cum-unionist Ella Lei Cheng I said yesterday.
Lawmaker Kwan Tsui Hang told reporters on Friday after a meeting of the legislature’s 1st Standing Committee with government officials that the government had decided not to amend the bill.
According to the initial version – the draft – of the bill, an employee will get none of the employer’s payments to the fund if he or she worked for the company for less than three years. If the employee worked for the company for three to four years, they would be able to get 30 percent of the money the employer had paid into their account. They employees would only get 100 percent if they worked for the same employer at least 10 years.
Lawmaker-cum-unionist Ella Lei Cheng I speaks to reporters yesterday on the sidelines of the inauguration of the board members of the Choi In Tong Sam Association, the think tank of the Macau Federation of Trade Union, at the latter’s headquarters in Rua da Ribeira do Patane. Photo: Debby Seng
