Govt prepares FSS expansion

2017-07-07 08:00
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The government will expand the organisational structure of the Social Security Fund (FSS) as the Law on the Non-Mandatory Central Provident Fund System will come into force on January 1, Executive Council spokesman Leong Heng Teng announced yesterday.

During a special press conference at Government Headquarters yesterday, Leong announced that the council, the government’s top advisory body, has completed its discussion on the draft of the by-law (administrative regulation) on the fund’s organisational structure and operation.

Decree Law 59/93/M regulating the FSS’s organisational structure and operation came into force in 1994.


Executive Council (ExCo) spokesman Leong Heng Teng (left) and Social Security Fund (FSS) President Iong Kong Io address yesterday’s press conference at Government Headquarters about the draft by-law on the fund’s structural and organisational changes. Photo: Tony Wong

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