Social Security Fund (FSS) President Iong Kong Io said yesterday that seven fund management companies have joined the city’s non-mandatory central provident fund system.
Iong made the remarks in a speech during a ceremony to mark the participation of the seven companies in the fund, at the Macau Business Support Centre (MBSC) in Nape.
The city’s non-mandatory central provident fund was implemented on January 1. The legislature passed the government-initiated bill on the non-mandatory central provident fund in May last year.
Social Security Fund (FSS) President Iong Kong Io delivers a speech during yesterday’s ceremony marking the participation of seven fund management companies in the city’s non-mandatory central provident fund system, at the Macau Business Support Centre (MBSC) in Nape. Photo: Tony Wong