7 fund management firms join central provident fund: govt

2018-03-16 07:57
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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

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