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Pension Plan Setup

 

Decide Your Own Benefit Scheme

The employer shall have the absolute autonomy and right to decide on the rules of the Benefit Scheme. Under the Macau Pension Fund Law, the following conditions for the formation of right to pecuniary payments are allowed, including:

Old age retirement
Early retirement
Death
Permanent incapacity for work
Serious illness
Long-term unemployment
Final departure from the Macau SAR
Employment termination
Other conditions to be approved by the AMCM

The vested percentage in each of the benefit payment conditions can be decided by the employer accordingly.